$ETH at exactly $2,500, and that’s the whole story 🎯
Breaking above $2,500 makes for a great headline. Holding above it is the real deal.
$ETH is now priced at 2,500 USDT, up just 0.36% on the day. It’s barely above this level after Thursday’s sharp sell-off wiped out $356 million worth of ETH positions.
🔹 Key level: $2,500, where buyers and sellers are battling it out
🔹 Upside: $2,550, then $2,650 if buyers take control
🔹 Downside: If the low near $2,490 breaks, sellers will make the next move
🔹 Pressure point: ETH ETFs saw outflows of $201.9 million on October 6 and $160.9 million on October 7
I like this resilience, but I wouldn’t call it a reversal until ETH closes above $2,550 on the daily candle. Until then, price will remain range-bound.
💬 Is $2,500 acting as support, or is it just a magnet? Where do you draw the line? 👇
ETHUSDT
Perpetual
2,500.97
+0.14%
⚠️ This is not financial advice. Do your own research.
#ETH #Ethereum #BinanceSquare #ethereumsurpasses2500usdt
Breaking above $2,500 makes for a great headline. Holding above it is the real deal.
$ETH is now priced at 2,500 USDT, up just 0.36% on the day. It’s barely above this level after Thursday’s sharp sell-off wiped out $356 million worth of ETH positions.
🔹 Key level: $2,500, where buyers and sellers are battling it out
🔹 Upside: $2,550, then $2,650 if buyers take control
🔹 Downside: If the low near $2,490 breaks, sellers will make the next move
🔹 Pressure point: ETH ETFs saw outflows of $201.9 million on October 6 and $160.9 million on October 7
I like this resilience, but I wouldn’t call it a reversal until ETH closes above $2,550 on the daily candle. Until then, price will remain range-bound.
💬 Is $2,500 acting as support, or is it just a magnet? Where do you draw the line? 👇
ETHUSDT
Perpetual
2,500.97
+0.14%
⚠️ This is not financial advice. Do your own research.
#ETH #Ethereum #BinanceSquare #ethereumsurpasses2500usdt