$ETH reported at $2062, down a slight 1.4% in 24 hours, down about 11% over the week, and nearly 20% over the past month.
Inflation data came in hotter than expected, and spot ETFs are seeing continued outflows, keeping the price pinned just above $2000.
My view is simple: holding the $2000 level could pave the way for a rebound to $2100–$2200; a break below it raises the risk of a drop to $1950.
Keep a close eye on $2000 in the short term—whether it holds will determine the direction.
#ETH #Crypto
Inflation data came in hotter than expected, and spot ETFs are seeing continued outflows, keeping the price pinned just above $2000.
My view is simple: holding the $2000 level could pave the way for a rebound to $2100–$2200; a break below it raises the risk of a drop to $1950.
Keep a close eye on $2000 in the short term—whether it holds will determine the direction.
#ETH #Crypto
