🔥 $ETH | MARKET ANALYSIS
📌 What happened?
ETH is trading near $2,690–$2,700 (+0.3% to +0.8% in 24h) after breaking out and consolidating above $2,700. In 7 days, it has accumulated approximately +7.8% from the $2,500–$2,560 zone.
• Catalysts: Positive flows in spot ETH ETFs (a 5-day streak with ~$66M in the latest one, and prior accumulations above $700M), BTC strength, and institutional accumulation (BitMine/Tom Lee).
🎯 Key Levels
👉🏼 Resistance: $2,750 – $2,800 (zone of recent highs and the current pause)
✨ Support: $2,650 – $2,680 (buying defense close after the breakout)
👩🏻💻 Scenarios
• Bullish: If it holds and confirms a close above $2,700–$2,720 with volume, it could target $2,800–$2,900.
• Correction: Losing $2,650 could lead to a retest of $2,600–$2,620. As long as it stays above $2,620, the trend remains bullish in the short term.
$ETH $BTC
#Ethereum #Binance #TradingCommunity #cripto #EthereumBreaksAbove$2700
📌 What happened?
ETH is trading near $2,690–$2,700 (+0.3% to +0.8% in 24h) after breaking out and consolidating above $2,700. In 7 days, it has accumulated approximately +7.8% from the $2,500–$2,560 zone.
• Catalysts: Positive flows in spot ETH ETFs (a 5-day streak with ~$66M in the latest one, and prior accumulations above $700M), BTC strength, and institutional accumulation (BitMine/Tom Lee).
🎯 Key Levels
👉🏼 Resistance: $2,750 – $2,800 (zone of recent highs and the current pause)
✨ Support: $2,650 – $2,680 (buying defense close after the breakout)
👩🏻💻 Scenarios
• Bullish: If it holds and confirms a close above $2,700–$2,720 with volume, it could target $2,800–$2,900.
• Correction: Losing $2,650 could lead to a retest of $2,600–$2,620. As long as it stays above $2,620, the trend remains bullish in the short term.
$ETH $BTC
#Ethereum #Binance #TradingCommunity #cripto #EthereumBreaksAbove$2700
