đš ETHEREUM IS BACK ABOVE $2,500 â CAN IT HOLD THE LINE? đŻ
$ETH Crossing $2,500 gets attention, but staying above it is what really matters.
$ETH is trading around 2,500 USDT, up just 0.36%, following Thursdayâs sharp liquidation wave that wiped out $356M in ETH positions.
đč Key Support: $2,500
đč Bullish Target: $2,550, followed by $2,650
đč Risk Zone: A break below the ~$2,490 low could bring more selling pressure
đč ETF Pressure: Spot ETH ETFs saw outflows of $201.9M on Oct 6 and $160.9M on Oct 7.
ETH is showing some resilience, but Iâd want to see a daily close above $2,550 before calling it a confirmed recovery. Until then, the market may remain range-bound.
đŹ Can ETH turn $2,500 into strong support, or will it slip back below? đ
â ïž Not financial advice. DYOR.
#ETH #Ethereum #BinanceSquare #EthereumSurpasses2500USDT
$ETH Crossing $2,500 gets attention, but staying above it is what really matters.
$ETH is trading around 2,500 USDT, up just 0.36%, following Thursdayâs sharp liquidation wave that wiped out $356M in ETH positions.
đč Key Support: $2,500
đč Bullish Target: $2,550, followed by $2,650
đč Risk Zone: A break below the ~$2,490 low could bring more selling pressure
đč ETF Pressure: Spot ETH ETFs saw outflows of $201.9M on Oct 6 and $160.9M on Oct 7.
ETH is showing some resilience, but Iâd want to see a daily close above $2,550 before calling it a confirmed recovery. Until then, the market may remain range-bound.
đŹ Can ETH turn $2,500 into strong support, or will it slip back below? đ
â ïž Not financial advice. DYOR.
#ETH #Ethereum #BinanceSquare #EthereumSurpasses2500USDT