$ETH 🚨 **ETH IS READY TO BREAK OUT AGAIN, OR DOES IT TURN INTO A TRAP?**
Ethereum is still in an important zone after its rally toward **the $2,500s**. Technically, the structure still leans bullish, while the **ETH Spot ETF recorded inflows of $87.68 million on August 31** and has already seen **11 consecutive days of inflows**. 👀
📌 **Levels you must watch:** 🟢 Support: **$2,400–$2,300** 🔴 Resistance: **$2,550**
If ETH manages to **break above $2,550**, the chance to reach the next resistance level opens up.
But if it fails to break out and loses **$2,400**, be careful—there may be a correction.
**What do you think: will ETH BREAK OUT, or will it DUMP first? 👇🔥**
🔴 $SOL — STARTING BEARISH? OR JUST A RETEST BEFORE THE UPTREND CONTINUES?
According to my analysis, SOL has started showing signs of exhaustion after a very fast rally.
Right now, SOL is around $102–103, down about 3–4% in the past 24 hours. From my screenshot, SOL even briefly lost the $105 area, which had previously become an important resistance.
📉 Why I’m starting to turn bearish?
1️⃣ The rally was too aggressive
2️⃣ The Daily RSI is already very high
3️⃣ Failed to hold the $105 area
4️⃣ There’s potential for profit-taking after a big surge
⚠️ But there’s one thing that makes me NOT too bearish yet:
The SOL ETF is still seeing large inflows.
On August 27, the spot Solana ETF recorded about $60.91 million in net inflows—one of the largest daily inflows since the ETF launched. The total cumulative inflows are also already around $1.32 billion.
Meaning: institutional demand is still there.
So I don’t see this as a “SOL is definitely going to dump.”
More precisely:
SOL is currently in a zone that, in my view, makes the risk/reward for LONG less attractive after a rally this big.
🎯 Levels I’m watching:
🔴 $105–110 → resistance / bearish short-term invalidation zone 🟡 $100 → psychological support 🟢 $95 → next support 🔥 If $95 truly breaks, I’ll start to see the possibility of a deeper correction.
On the other hand, if SOL can reclaim $110 with strong volume, then my bearish thesis needs to be re-evaluated.
So for now, personally, I’d rather WAIT than FOMO LONG above $100.
$BTC traded in the price range of $66,000.. where the area of $64,000-$66,000 is currently the support area. open LONG DCA system at $66,000 (30% of capital), $65,000 (30% of capital) $64,000 (40% of capital). for STOP LOSS at the price of $61,000. and TAKE PROFIT $69,000, $70,000, $71,000, $72,000 *DYOR*#ADPJobsSurge
seen from the chart, $ETH currently consolidating in the support area. it is likely to approach the previous resistance area, around $1980, very suitable for opening a short-term buy position, recommended to open in the area of 1908-1920, target TP 1980, 1990, 2000, for SL at the price of 1890. #dyor
the chart is quite nice, to go for a long position. with the entry at the area of $82, the target TP at resistance, SL at the area of $77-78$ #OpenClawFounderJoinsOpenAI