Crossing $2,500 is a headline. Holding it? That’s the real trade.
Right now, $ETH is hovering around 2,500 USDT, sitting up just a modest 0.36% on the day. We are barely keeping our heads above water after last week's brutal flush, which wiped out a massive $356M in ETH long positions.
Market behavior right now comes down to a few critical levels:
The Pivot: $2,500 — this is ground zero where bulls and bears are currently locked in a heavy battle.
The Upside: If buyers manage to take control, we are looking at $2,550 first, followed by a push toward $2,650.
The Downside: Lose the ~$2,490 flush low, and sellers take total control of the next leg down.
I love seeing this kind of resilience from Ethereum after such a steep drop, but I'm staying cautious. I won't call a true reversal until ETH closes above $2,550 on a daily candle.
Until then? It’s just a choppy range. Trade smart and manage your risk! 📉📈#Ethereum #BinanceSquareFamily #cryptotranding $ETH
