🟣 Ethereum Today: ETH Holds Near $2,700 as Buyers Defend Key Support
$Ethereum (ETH) is trading around $2,688 today, September 29, after moving between roughly $2,639 and $2,720 over the latest 24-hour period. The price action shows that ETH is still facing resistance above $2,700, but buyers are actively defending the lower level
The $2,700 area has become an important short-term zone. ETH briefly pushed above it toward $2,715 before pulling back, showing that sellers are still active around this level.
At the same time, institutional demand remains an important part of the Ethereum story. U.S. spot Ethereum ETFs recorded around $87 million in net inflows on September 25, while total five-day inflows reached about $689.8
If ETH can reclaim and hold above the $2,700–$2,750 zone, traders may focus on higher resistance levels. On the downside, the $2,638–$2,650 area is an important near-term support zone based on recent trading activity.
For now, Ethereum remains caught between strong ETF demand and broader macro pressure. The next decisive move around these levels could determine ETH's short-term direction. 🚀
#ETHERİUM #bitcoin.” #ETHETFsApproved #crytocurency #blockchain
$Ethereum (ETH) is trading around $2,688 today, September 29, after moving between roughly $2,639 and $2,720 over the latest 24-hour period. The price action shows that ETH is still facing resistance above $2,700, but buyers are actively defending the lower level
The $2,700 area has become an important short-term zone. ETH briefly pushed above it toward $2,715 before pulling back, showing that sellers are still active around this level.
At the same time, institutional demand remains an important part of the Ethereum story. U.S. spot Ethereum ETFs recorded around $87 million in net inflows on September 25, while total five-day inflows reached about $689.8
If ETH can reclaim and hold above the $2,700–$2,750 zone, traders may focus on higher resistance levels. On the downside, the $2,638–$2,650 area is an important near-term support zone based on recent trading activity.
For now, Ethereum remains caught between strong ETF demand and broader macro pressure. The next decisive move around these levels could determine ETH's short-term direction. 🚀
#ETHERİUM #bitcoin.” #ETHETFsApproved #crytocurency #blockchain