ETH weekend plunges 5% back to the 2,400 wall! 179,000 liquidations— is breaking the wall a real breakout or a false signal?
The wall is gone, but ETH has retreated back beneath the wall
Key levels—highlighted
▸ Overhead resistance: $2,400 (the wall level, the focus of the long/short battle) → $2,546 (yesterday’s high) → $2,600-2,640 (a thin-liquidity zone—ample room if the breakout holds)
▸ Support below: $2,353 (analysis-based pullback target) → $2,324-2,367 (immediate support band) → $2,260 (deep retracement target) → $2,128 (200-day moving average, the mid-term life-or-death line)
My take
The day before yesterday I said “break the wall and watch $2,600.” Yesterday I said “pull back to $2,400 and confirm = Script A.” Today, ETH is executing the pullback part of Script A—but with an added variable: Iran geopolitical risk + weekend liquidity crisis.
Do you think ETH can hold $2,400? Or is this wall-break just a false breakout? Let’s discuss in the comments 👇
#ETH #以太坊 #加密货币 #ETH行情 #币安广场
The wall is gone, but ETH has retreated back beneath the wall
Key levels—highlighted
▸ Overhead resistance: $2,400 (the wall level, the focus of the long/short battle) → $2,546 (yesterday’s high) → $2,600-2,640 (a thin-liquidity zone—ample room if the breakout holds)
▸ Support below: $2,353 (analysis-based pullback target) → $2,324-2,367 (immediate support band) → $2,260 (deep retracement target) → $2,128 (200-day moving average, the mid-term life-or-death line)
My take
The day before yesterday I said “break the wall and watch $2,600.” Yesterday I said “pull back to $2,400 and confirm = Script A.” Today, ETH is executing the pullback part of Script A—but with an added variable: Iran geopolitical risk + weekend liquidity crisis.
Do you think ETH can hold $2,400? Or is this wall-break just a false breakout? Let’s discuss in the comments 👇
#ETH #以太坊 #加密货币 #ETH行情 #币安广场