$ETH Ethereum is trading at $2,410, down 6.53%. Repeated rejection around $2,500 and weakening momentum suggest sellers remain in control. Futures positioning is short-skewed, while near-zero funding reflects limited aggressive long conviction. Broader market de-risking continues to overshadow the reported $53 million spot ETF inflow.
๐ Bias: Bearish | ๐ฏ Entry: Short near $2,440 | ๐ก Support: $2,350 / $2,280 | ๐ง Resistance: $2,450 / $2,500 | ๐ฏ Targets: $2,350 / $2,300 / $2,250 | โ Invalidation: $2,510
Strategy: Consider a confirmation-based short following rejection near $2,440. Watch whether $2,400 holds on the daily close.
#Ethereum #ETH #CryptoAnalysis #BinanceTrading #Altcoins
๐ Bias: Bearish | ๐ฏ Entry: Short near $2,440 | ๐ก Support: $2,350 / $2,280 | ๐ง Resistance: $2,450 / $2,500 | ๐ฏ Targets: $2,350 / $2,300 / $2,250 | โ Invalidation: $2,510
Strategy: Consider a confirmation-based short following rejection near $2,440. Watch whether $2,400 holds on the daily close.
#Ethereum #ETH #CryptoAnalysis #BinanceTrading #Altcoins
