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Ethereum is drawing renewed attention from technical traders after buyers defended the $2,400–$2,410 region twice in recent sessions. A confirmed move above the $2,578–$2,589 resistance cluster could strengthen the case for a rally toward $2,760, while risk-off pressure from chip stocks and inflation concerns remains a threat.

Nasdaq-100 futures fell as a semiconductor selloff that began on Wall Street moved through Asia and hit U.S. chip shares before the open. Investors are turning to upcoming earnings from Amazon, Meta, Microsoft and Apple for evidence that AI spending can support elevated valuations.

The Nasdaq Composite is sitting near a key technical area after settling on the strong side of its 50-day moving average and inside a short-term retracement zone. Chip weakness, upcoming retail sales and jobless claims data, and the Netflix report after the close are shaping the next move for US technology shares.