Ethereum is falling in the wake of an event-driven sell-off today: price 2233–2272, down 3.69%–nearly 6% over 24h, with the 50-day moving average far above. Binance hot wallets saw outflows of around 167,000 ETH (about 380–390 million), while SOL, XRP, UNI and others also saw transfers out, amplifying market panic.
Key levels:
-Support: 2,230 (today’s low) / 2,150 (psychological) / 2,080
-Resistance: 2,379 (intraday high and resistance) / 2,426 / 2,476
-Structure: ETH/BTC hasn’t turned around; capital is favoring BTC. The medium-term L2/stablecoin narrative remains intact, but there’s little buying support in the short term.
-The real issue: It’s not that on-chain activity is dead; it’s the trust discount on CEXs and leverage getting wiped out first.
The biggest mistake when watching ETH is buying just because it has fallen a lot. For real signals, watch ETH/BTC, Gas, the staking queue, and ETF net flows. For a broader view, check the latest cryptocurrency prices on BiyaPay, invest in global assets with USDT, and buy products such as U.S. and Hong Kong stocks and forex. View the market caps of ETH, BTC, the Nasdaq, and stablecoins on one screen, and quickly see which DeFi/L1 assets are holding up best.
Strategy:
-If already holding: Don’t sell everything unless 2230 breaks; reduce further if it closes below 2150.
-If sitting out: Small position at 2240–2270, stop-loss at 2225.
-Bullish confirmation: 4H close above 2379 with volume recovering; watch 2426.
-Avoid: Chasing at 2340 or panic-selling at 2240.
ETH isn’t dead in the medium term, but it’s not the main character today. If Bitcoin can’t hold 77k, ETH may get stuck at 2230 first. #BiyaPay #KOSPI falls 3.53%, back below 6000 points
Key levels:
-Support: 2,230 (today’s low) / 2,150 (psychological) / 2,080
-Resistance: 2,379 (intraday high and resistance) / 2,426 / 2,476
-Structure: ETH/BTC hasn’t turned around; capital is favoring BTC. The medium-term L2/stablecoin narrative remains intact, but there’s little buying support in the short term.
-The real issue: It’s not that on-chain activity is dead; it’s the trust discount on CEXs and leverage getting wiped out first.
The biggest mistake when watching ETH is buying just because it has fallen a lot. For real signals, watch ETH/BTC, Gas, the staking queue, and ETF net flows. For a broader view, check the latest cryptocurrency prices on BiyaPay, invest in global assets with USDT, and buy products such as U.S. and Hong Kong stocks and forex. View the market caps of ETH, BTC, the Nasdaq, and stablecoins on one screen, and quickly see which DeFi/L1 assets are holding up best.
Strategy:
-If already holding: Don’t sell everything unless 2230 breaks; reduce further if it closes below 2150.
-If sitting out: Small position at 2240–2270, stop-loss at 2225.
-Bullish confirmation: 4H close above 2379 with volume recovering; watch 2426.
-Avoid: Chasing at 2340 or panic-selling at 2240.
ETH isn’t dead in the medium term, but it’s not the main character today. If Bitcoin can’t hold 77k, ETH may get stuck at 2230 first. #BiyaPay #KOSPI falls 3.53%, back below 6000 points
