$ETH Current Price: $2,580 (up approx. +4.4% over the last 7 days).
Key Support: $2,600–$2,616
Key Resistance: $2,750–$2,800
Next Key Level: $3,000
ETH has recently risen above $2,600, but sustaining a position above this zone is crucial for a breakout.
Positive inflows into US ETH ETFs have been reported, though the net weekly flow is not entirely positive.
Bottom line: $2,600 is currently a critical level for ETH. If it holds above this, the $2,750–$2,800 zone comes into focus; conversely, a drop back below $2,600 is possible. This scenario is not guaranteed.#BitcoinMarketCapTopsTesla #BOJRaisesRatesTo31YearHigh #XRPExchangeReservesHitSevenYearLow
Key Support: $2,600–$2,616
Key Resistance: $2,750–$2,800
Next Key Level: $3,000
ETH has recently risen above $2,600, but sustaining a position above this zone is crucial for a breakout.
Positive inflows into US ETH ETFs have been reported, though the net weekly flow is not entirely positive.
Bottom line: $2,600 is currently a critical level for ETH. If it holds above this, the $2,750–$2,800 zone comes into focus; conversely, a drop back below $2,600 is possible. This scenario is not guaranteed.#BitcoinMarketCapTopsTesla #BOJRaisesRatesTo31YearHigh #XRPExchangeReservesHitSevenYearLow
