$ETH is showing neutral-to-bullish structure while holding above its $2,650 local pivot. The supplied data highlights relative stability compared with BTC volatility, consistent block trading, and positive but declining funding. The accumulation of over 6 million ETH by Bitmine is the stated institutional catalyst. The key technical question remains whether structural support continues to hold.
📈 Bias: Neutral-to-Bullish | 🎯 Entry: $2,650.00–$2,665.00 | 🛡 Support: $2,620.00 / $2,580.00 | 🚧 Resistance: $2,710.00 / $2,760.00 | 🎯 Targets: $2,700.00 / $2,745.00 / $2,810.00 | ❌ Invalidation: Daily close below $2,600.00
Strategy: Reversal entry from structural support is the supplied setup, with confirmation around the $2,650–$2,665 zone.
#ETH #Ethereum #cryptotrading #BinanceSquare #Altcoins
📈 Bias: Neutral-to-Bullish | 🎯 Entry: $2,650.00–$2,665.00 | 🛡 Support: $2,620.00 / $2,580.00 | 🚧 Resistance: $2,710.00 / $2,760.00 | 🎯 Targets: $2,700.00 / $2,745.00 / $2,810.00 | ❌ Invalidation: Daily close below $2,600.00
Strategy: Reversal entry from structural support is the supplied setup, with confirmation around the $2,650–$2,665 zone.
#ETH #Ethereum #cryptotrading #BinanceSquare #Altcoins
