Crossing $2,500 is a headline. Holding it is the trade.
$ETH is at 2,505 USDT, up just 0.06% on the day[span_0](start_span)[span_0](end_span). It’s barely above the line after recent flushes that wiped out millions in positions[span_1](start_span)[span_1](end_span).
🔹 Pivot: $2,500, where bulls and bears are fighting
🔹 Upside: $2,550, then $2,650 if buyers take control
🔹 Downside: lose the ~$2,490 flush low and sellers get the next move
🔹 Headwind: $ETH ETFs lost significant institutional inflows recently[span_2](start_span)[span_2](end_span)
I like the resilience, but I won’t call a reversal until $ETH closes above $2,550 on a daily candle[span_3](start_span)[span_3](end_span). Until then, it’s a range.
💬 Is $2,500 support or just a magnet? Where’s your line? 👇
Not financial advice. DYOR.