Ethereum (ETH) Market Update â NOW đ
ETH is currently trading around $2,450â$2,500, after a strong rally of roughly 30% over the past week.
Key levels to watch:
đą Resistance: $2,500â$2,550
đ” Support: $2,400â$2,450
đ A clean break above $2,550 could strengthen the bullish momentum.
â ïž If ETH loses the $2,400 area, a short-term pullback could occur.
Institutional demand has also been strong, with spot Ethereum ETFs recording close to $700M in weekly inflows, supporting the recent rally.
Overall: ETH currently has a bullish short-term trend, but after such a rapid rise, volatility and pullbacks are possible
ETH is currently trading around $2,450â$2,500, after a strong rally of roughly 30% over the past week.
Key levels to watch:
đą Resistance: $2,500â$2,550
đ” Support: $2,400â$2,450
đ A clean break above $2,550 could strengthen the bullish momentum.
â ïž If ETH loses the $2,400 area, a short-term pullback could occur.
Institutional demand has also been strong, with spot Ethereum ETFs recording close to $700M in weekly inflows, supporting the recent rally.
Overall: ETH currently has a bullish short-term trend, but after such a rapid rise, volatility and pullbacks are possible
