Hey everyone, here are some quick thoughts on ETH. We’re currently treading water around $2,480–$2,530. The charts are quiet, volume is down, and the RSI is in neutral territory (around 52) — the market is gathering strength before its next move.
What I’m watching at these levels:
Bullish scenario: We break through and hold above $2,560 — then head to test $2,640 and $2,720.
Correction scenario: If we fail to hold current levels, we drift down to the first support at $2,420. The main lower level is $2,350, where an important trendline runs.
What I'm doing: Right now I'm not jumping in from current levels. I'm waiting either for a clear breakout above $2,560 on good volume, or I'll try to catch the coin on a pullback around $2,420 with a tight stop.
Don't forget risk management; these are just my local ideas!