$ETH price: around $2,570
ETH has faced strong selling pressure, falling about 5–6% recently. Short-term sentiment is bearish, with support around $2,540–$2,565. �
CoinMarketCap +1
🟢 Support: $2,540–$2,565
🔴 Resistance: $2,700–$2,800
📉 Bearish scenario: Break below $2,540 → possible move toward $2,500
📈 Bullish scenario: Reclaim $2,700 → potential move toward $2,800+
My view: ETH is currently short-term bearish/neutral. I would watch the $2,540 area closely before expecting a stronger recovery. This is market analysis, not financial advice.#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #FrenchHillUrgesCLARITYActPassageInLameDuck #BinanceLaunchesBinanceIntelligence
ETH has faced strong selling pressure, falling about 5–6% recently. Short-term sentiment is bearish, with support around $2,540–$2,565. �
CoinMarketCap +1
🟢 Support: $2,540–$2,565
🔴 Resistance: $2,700–$2,800
📉 Bearish scenario: Break below $2,540 → possible move toward $2,500
📈 Bullish scenario: Reclaim $2,700 → potential move toward $2,800+
My view: ETH is currently short-term bearish/neutral. I would watch the $2,540 area closely before expecting a stronger recovery. This is market analysis, not financial advice.#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #FrenchHillUrgesCLARITYActPassageInLameDuck #BinanceLaunchesBinanceIntelligence