$ETH
There is considerable overhead resistance. A break above 2832 would trigger the liquidation of 922 million U in short positions, while a drop below 2574 would liquidate 832 million U in long positions.
My personal view is that ETH is just one step away from testing 3000; if it holds above 2800, altcoins could rally across the board. The current upward momentum is fading, so a pullback could be an opportunity. If support at 2550–2580 holds, consider building a position in stages.
Key points:
① ETH surged more than 70% in Q3, with capital flowing back in
② ETH ETFs have seen overall net inflows in recent months
③ The Glamsterdam upgrade testnet has launched, with a mainnet upgrade expected in Q4
④ BTC is strong, and capital may rotate into ETH and altcoins
Also take a look at $MORPHO
, ETH ecosystem DeFi, which is showing relative strength.
There is considerable overhead resistance. A break above 2832 would trigger the liquidation of 922 million U in short positions, while a drop below 2574 would liquidate 832 million U in long positions.
My personal view is that ETH is just one step away from testing 3000; if it holds above 2800, altcoins could rally across the board. The current upward momentum is fading, so a pullback could be an opportunity. If support at 2550–2580 holds, consider building a position in stages.
Key points:
① ETH surged more than 70% in Q3, with capital flowing back in
② ETH ETFs have seen overall net inflows in recent months
③ The Glamsterdam upgrade testnet has launched, with a mainnet upgrade expected in Q4
④ BTC is strong, and capital may rotate into ETH and altcoins
Also take a look at $MORPHO
, ETH ecosystem DeFi, which is showing relative strength.