$ETH 24H | Bounce or Another Drop?
Ethereum is trading near $2,505 after dropping to the $2,409 support area. Bulls are attempting a recovery, but resistance remains strong.
Bullish Scenario: A confirmed breakout above $2,545 could push ETH toward $2,580–$2,620.
Bearish Scenario: Losing $2,485 may expose $2,460, followed by the major support zone at $2,409–$2,425.
Support: $2,485–$2,495
Resistance: $2,520–$2,545
Long positions are crowded, so volatility and potential liquidations remain risks. Wait for confirmation, manage your risk, and never go all-in.$ETH
#SeptemberCPIWatch #BTCDominanceBackAt60% #UKHighCourtRulesChineseLawGovernsBitcoinClaims #RBNZPausesDigitalCashDevelopment #EvernorthNasdaqDebutClosesDown1.05%
Ethereum is trading near $2,505 after dropping to the $2,409 support area. Bulls are attempting a recovery, but resistance remains strong.
Bullish Scenario: A confirmed breakout above $2,545 could push ETH toward $2,580–$2,620.
Bearish Scenario: Losing $2,485 may expose $2,460, followed by the major support zone at $2,409–$2,425.
Support: $2,485–$2,495
Resistance: $2,520–$2,545
Long positions are crowded, so volatility and potential liquidations remain risks. Wait for confirmation, manage your risk, and never go all-in.$ETH
#SeptemberCPIWatch #BTCDominanceBackAt60% #UKHighCourtRulesChineseLawGovernsBitcoinClaims #RBNZPausesDigitalCashDevelopment #EvernorthNasdaqDebutClosesDown1.05%