🔷 $ETH TH Today’s Update (30 Sep) Ethereum is currently trading around ~$2,675. In the past 7 days it’s slightly down (~2.7%), but over the last month it’s up ~8%. 📊 Key levels: 🔻 Support: ~$2,540 (previous breakout zone) 🔺 Resistance: $2,700 – $2,735 🔺 Next resistance: ~$2,800 🔍 Analysis: - ETH is consolidating near $2,700 and is above key moving averages on the daily chart, meaning the broader trend is still strong. - However, ETH reserves on exchanges have increased by ~125K ETH over the past few days, which could indicate profit-taking. - ETF inflows have slowed a bit, and the market is waiting for US inflation data. - Positive side: Companies like BitMine have increased their holdings to over 6 million ETH, meaning institutional interest is still present. 💬 What do you think? Will ETH retest $2,800 again or pull back to $2,540? Let me know in the comments #AltcoinSeasonIndexHoldsAbove60For5Days 👇 #Ethereum #ETH #BinanceSquare #CryptoAnalysis ⚠️ Not financial advice. Do your own research (DYOR).
