$ETH
đ ETH just did something wild
+30% in a week. From ~$1,900 to ~$2,480.
What's fueling it:
đ„ Massive short squeeze
đ° Spot ETH ETFs pulled in $697M last week
đ BitMine now holds ~5% of total ETH supply
â ïž But heads up â RSI is sitting at 79 (deep overbought). Fear & Greed Index reads 73 (Greed). This is the kind of setup that precedes either a breakout... or a sharp reset.
đŻ Levels:
Resistance: $2,500â$2,550
Support: $2,400 â then $2,000 if it cracks
#ETHđ„đ„đ„đ„đ„đ„ #Ethereum #CryptoNewss
đ ETH just did something wild
+30% in a week. From ~$1,900 to ~$2,480.
What's fueling it:
đ„ Massive short squeeze
đ° Spot ETH ETFs pulled in $697M last week
đ BitMine now holds ~5% of total ETH supply
â ïž But heads up â RSI is sitting at 79 (deep overbought). Fear & Greed Index reads 73 (Greed). This is the kind of setup that precedes either a breakout... or a sharp reset.
đŻ Levels:
Resistance: $2,500â$2,550
Support: $2,400 â then $2,000 if it cracks
#ETHđ„đ„đ„đ„đ„đ„ #Ethereum #CryptoNewss
