Analyst Michaël van de Poppe believes Ethereum is currently experiencing a healthy market reset following a failed breakout attempt. The asset faced resistance at $2,600 and underwent a liquidity sweep on the long side as it struggled to push higher. Van de Poppe anticipates ETH will drop to lower levels to gather new liquidity before embarking on another upward trend. The key support zone to watch is now $2,400, which could potentially serve as a launching pad for a bullish move if the price stabilizes and reverses from that level. Despite the recent pullback, van de Poppe maintains a bullish outlook, viewing the correction as a potential buying opportunity within the broader upward trend of Ethereum.