Ethereum is following Bitcoin down, not leading a rally: price at 2,300–2,323, down 1.65%–3% over 24h. The 50-day moving average is overhead at 2,556; RSI is oversold, but volume hasn’t recovered. ETH ETFs have seen net outflows for four consecutive weeks, including $221 million in a single week. Buying is being driven by Bitcoin, not a return of flows to ETH itself.
Key levels:
- Support: 2,300 (psychological) / 2,280 / 2,150 (QCP key level)
- Resistance: 2,426 (pivot R1) / 2,476 / 2,500 (QCP resistance)
- Structure: ETH/BTC hasn’t turned around; capital is favoring BTC. The medium-term L2/stablecoin narrative remains intact, but there’s no short-term catalyst
- The real issue: it’s not that on-chain activity is dead; leverage got wiped out first, while institutions are accumulating slowly
The biggest mistake with ETH is buying just because it’s fallen a lot. Watch ETH/BTC, gas, the staking queue, and ETF net flows for real signals. For a complete picture, check the latest cryptocurrency prices on BiyaPay, invest in global assets with USDT, and buy products such as US and Hong Kong stocks and forex. Put ETH, BTC, the Nasdaq, and stablecoin market caps on one screen to see at a glance which DeFi/L1 assets are holding up best.
Strategy:
- If already holding: don’t sell everything unless 2,300 breaks; reduce further if it closes below 2,280
- If flat: take a small position at 2,300–2,320, with a stop-loss at 2,278
- Bullish confirmation: a 4H close above 2,426 with volume returning; watch 2,476–2,500
- Avoid: chasing at 2,340 or panic-selling at 2,290
ETH isn’t dead in the medium term, but it’s not the main character today. If Bitcoin can’t hold 80k, ETH will first be tested at 2,300. #BiyaPay #StockEarningsSeason
Key levels:
- Support: 2,300 (psychological) / 2,280 / 2,150 (QCP key level)
- Resistance: 2,426 (pivot R1) / 2,476 / 2,500 (QCP resistance)
- Structure: ETH/BTC hasn’t turned around; capital is favoring BTC. The medium-term L2/stablecoin narrative remains intact, but there’s no short-term catalyst
- The real issue: it’s not that on-chain activity is dead; leverage got wiped out first, while institutions are accumulating slowly
The biggest mistake with ETH is buying just because it’s fallen a lot. Watch ETH/BTC, gas, the staking queue, and ETF net flows for real signals. For a complete picture, check the latest cryptocurrency prices on BiyaPay, invest in global assets with USDT, and buy products such as US and Hong Kong stocks and forex. Put ETH, BTC, the Nasdaq, and stablecoin market caps on one screen to see at a glance which DeFi/L1 assets are holding up best.
Strategy:
- If already holding: don’t sell everything unless 2,300 breaks; reduce further if it closes below 2,280
- If flat: take a small position at 2,300–2,320, with a stop-loss at 2,278
- Bullish confirmation: a 4H close above 2,426 with volume returning; watch 2,476–2,500
- Avoid: chasing at 2,340 or panic-selling at 2,290
ETH isn’t dead in the medium term, but it’s not the main character today. If Bitcoin can’t hold 80k, ETH will first be tested at 2,300. #BiyaPay #StockEarningsSeason
