$ETH Fresh institutional adoption sets Ethereum up to challenge nearby overhead resistance levels.
Support: $2,329–$2,354. Hold above $2,446 -> $2,471 comes into focus.
My view: I would wait for a confirmed breakout before stepping in. Chasing early can get messy.
Why: JPMorgan is reportedly expanding its JPM Coin token to Ethereum for institutions.
Bullish while $2,329 holds.
Source: Cointelegraph
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)
Support: $2,329–$2,354. Hold above $2,446 -> $2,471 comes into focus.
My view: I would wait for a confirmed breakout before stepping in. Chasing early can get messy.
Why: JPMorgan is reportedly expanding its JPM Coin token to Ethereum for institutions.
Bullish while $2,329 holds.
Source: Cointelegraph
[#ETH ](https://www.binance.com/square/hashtag/ETH)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)