$ETH is trading around $2,560, after a sharp rejection from the $2,700 area. The short-term structure has weakened, with sellers currently controlling momentum.
Key Support: $2,500–$2,540
Major Support: $2,400–$2,450
Resistance: $2,600–$2,660
Major Resistance: $2,700–$2,800
If ETH holds the $2,500–$2,540 zone and reclaims $2,660, a recovery toward $2,700–$2,800 becomes possible. A daily close below $2,500, however, could expose $2,400 and potentially $2,300.
Current bias: Neutral to bearish short-term.
The key level to watch is $2,500. Holding it keeps the broader recovery structure alive; losing it would significantly weaken the setup.
Key Support: $2,500–$2,540
Major Support: $2,400–$2,450
Resistance: $2,600–$2,660
Major Resistance: $2,700–$2,800
If ETH holds the $2,500–$2,540 zone and reclaims $2,660, a recovery toward $2,700–$2,800 becomes possible. A daily close below $2,500, however, could expose $2,400 and potentially $2,300.
Current bias: Neutral to bearish short-term.
The key level to watch is $2,500. Holding it keeps the broader recovery structure alive; losing it would significantly weaken the setup.