$ETH 2500 US dollars, making ETH tonight’s long/short watershed.
After the US stock market opens, ETH keeps oscillating around the 2500 level
The long/short divergence is widening: ETF net outflows in recent days are about $400 million, and institutional funds are relatively cautious; but spot buying still remains supportive, and there has been no large-scale sell pressure on-chain. Macro-wise, the Fed may raise rates again within the year and the situation in Iran and Israel remains ongoing, both weighing on the performance of risk assets such as ETH.
After the US market opens, ETH continues its rebound pattern. It is currently around $2,500. The key resistance in the short term remains at $2,550; a breakout could potentially open up upside room. On the downside, watch support at 2470–2480; if that level is lost, it may retest around 2430.
Liquidity is thin over the weekend, and a breakout with increased volume in either direction could trigger sharp volatility.
If you want to discuss the bigger picture, you can come to Brother Hui’s chat room to find me: #HYPE涨超11%