$ETH Buyers are pushing Ethereum higher as institutional adoption expands.
Support: $2,329–$2,361. Hold above $2,445 -> $2,476 comes into focus.
My view: I would not chase into resistance here. Waiting for a confirmed breakout looks much safer.
Why: JPMorgan brings deposit tokens to Ethereum for institutional clients.
Bullish while $2,329–$2,361 holds.
Source: Bloomberg.com
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)
Support: $2,329–$2,361. Hold above $2,445 -> $2,476 comes into focus.
My view: I would not chase into resistance here. Waiting for a confirmed breakout looks much safer.
Why: JPMorgan brings deposit tokens to Ethereum for institutional clients.
Bullish while $2,329–$2,361 holds.
Source: Bloomberg.com
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)