$ETH Right Now: $2,701 (+1.24%)
24h High: $2,739.50 | 24h Low: $2,691.23
Look, ETH has come a long way — we were at $1,560 back in late June, and now we're chilling above $2,600 for days. That's a 73% run. That's not just a pump, that's a proper uptrend.
What's happening on chart:
ETH broke that $2,600 liquidity zone and instead of dumping back down, it's consolidating _above_ it. That's super healthy. It means buyers are defending it.
Levels that matter:
Strong Support: $2,600- As long as we stay above this, structure is bullish. Break below, and we could see $2,500 quick.
Immediate Resistance: $2,740- That's today's high, we need to close above it.
Big Target: $3,400 - If $2,600 holds and BTC doesn't dump, this is the next magnet liquidity zone everyone's watching.
One thing to note — Binance data shows futures volume is dominating spot right now (∼68% futures). So moves can be a bit spiky, wicky. Perfect for scalp, risky for blind leverage.
My human take? Don't short this $2,600 box. It's acting like a floor. I'd wait for either a sweep of $2,600 with quick reclaim for longs, or a clean break and hold above $2,740 for continuation towards $2,900-3,000.
#EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #FedOctoberRateHikeOddsFallTo17% #GreekPoliceBustCryptoScamRingArrest17
24h High: $2,739.50 | 24h Low: $2,691.23
Look, ETH has come a long way — we were at $1,560 back in late June, and now we're chilling above $2,600 for days. That's a 73% run. That's not just a pump, that's a proper uptrend.
What's happening on chart:
ETH broke that $2,600 liquidity zone and instead of dumping back down, it's consolidating _above_ it. That's super healthy. It means buyers are defending it.
Levels that matter:
Strong Support: $2,600- As long as we stay above this, structure is bullish. Break below, and we could see $2,500 quick.
Immediate Resistance: $2,740- That's today's high, we need to close above it.
Big Target: $3,400 - If $2,600 holds and BTC doesn't dump, this is the next magnet liquidity zone everyone's watching.
One thing to note — Binance data shows futures volume is dominating spot right now (∼68% futures). So moves can be a bit spiky, wicky. Perfect for scalp, risky for blind leverage.
My human take? Don't short this $2,600 box. It's acting like a floor. I'd wait for either a sweep of $2,600 with quick reclaim for longs, or a clean break and hold above $2,740 for continuation towards $2,900-3,000.
#EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #FedOctoberRateHikeOddsFallTo17% #GreekPoliceBustCryptoScamRingArrest17
