$ETH $GOOGL.US
Latest Ethereum (ETH) News & Breakout Status:
​Institutional Inflows: Ethereum Spot ETFs recorded a massive single-day net inflow of $216 million. BlackRock’s ETHA led the charge with $149 million in fresh capital, signaling strong institutional accumulation ahead of the macro catalyst.
​Price Level: ETH surged past $2,500 – $2,600 following the CPI data release before encountering brief sell pressure.
​Derivatives Squeeze: Over $216 million in ETH short positions were liquidated in 24 hours during the spike, flushing out bearish leverage traders.
​Upcoming ETH Pump & Dump Targets
​Dump / Downside Risk (The Fakeout Zone):
​Immediate Support: $2,450 – $2,500.
​Dump Trigger: If BTC breaks below $77,000, ETH could dump to test the $2,380 – $2,420 liquidity zone to clear out over-leveraged longs before rebuilding momentum.
​Pump / Upside Potential (The Breakout Zone):
​Immediate Resistance: $2,620.
​Pump Target: A 15-minute candle closing above $2,620 with strong volume could launch a rapid rally toward $2,750 – $2,800 ahead of the September 16 Fed Rate Decision.
​Scalper Execution Note: Monitor the 15-minute RSI and EMA 20 on Binance Convert. Avoid chasing candles in the middle of the $2,500 – $2,600 range; enter near support bounces or confirmed breakout closes.