$ETH BREAKOUT OR PULLBACK?
đ Market update: U.S. spot ETH ETFs recorded approximately $320M in net outflows during Oct 12â16. Ethereumâs Glamsterdam upgrade is scheduled for the Hoodi testnet on Oct 26, while the mainnet date remains unconfirmed.
đ Technical outlook: Based on the chart provided, $2,480 is the key resistance to watch, while $2,410â$2,430 is the near-term support zone.
A confirmed breakout with strong volume could signal further upside. Losing support may increase downside risk.
Will ETH break above $2,480 or pull back first?
đ Market update: U.S. spot ETH ETFs recorded approximately $320M in net outflows during Oct 12â16. Ethereumâs Glamsterdam upgrade is scheduled for the Hoodi testnet on Oct 26, while the mainnet date remains unconfirmed.
đ Technical outlook: Based on the chart provided, $2,480 is the key resistance to watch, while $2,410â$2,430 is the near-term support zone.
A confirmed breakout with strong volume could signal further upside. Losing support may increase downside risk.
Will ETH break above $2,480 or pull back first?