$ETH Faster settlement draft sets up a rebound toward key overhead targets.
Support: $2,359–$2,396. Hold above $2,527 -> $2,592 comes into focus.
My view: I am watching for buyers to defend this range. A quick wick down could happen first.
Why: Draft proposal aims to cut finality time fourfold to lower transfer costs.
Bullish while $2,359–$2,396 holds.
Source: CoinDesk
[#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: $2,359–$2,396. Hold above $2,527 -> $2,592 comes into focus.
My view: I am watching for buyers to defend this range. A quick wick down could happen first.
Why: Draft proposal aims to cut finality time fourfold to lower transfer costs.
Bullish while $2,359–$2,396 holds.
Source: CoinDesk
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)