*ETH / USDT: ∼$2,700* 5c95
*- What’s happening:*
- Price holding above *$2,600* support after a +9.5% run this month. Currently coiling in a tight $2,685 - $2,710 range, just under resistance.
- Structure is bullish – trading above 7, 20, 50 and 200-day moving averages, 200-day way down at $2,119.
- Market sentiment: 75% bullish, Fear & Greed at 65 (Greed). 5c956dd54015
*- Key Levels:*
- *Support:* $2,650 / $2,600 – must hold to keep breakout alive
- *Resistance:* $2,750 - $2,800 – the make-or-break gate
- *Next Target:* If $2,800 breaks with volume, analysts eye $3,400 liquidity target, then $3,000 psychological cf8d
*- Risks:*
Futures volume is still 92% of Binance volume (spot only 8%), so rally is leverage-driven. Plus US spot ETH ETFs saw $118M outflows in last 3 days, which is dragging momentum. b8cccf8d
*Outlook:* Short-term neutral-to-bullish coiling. A daily close above $2,800 opens $3,000. Lose $2,617 (20-day EMA) and we could retest $2,445.
$ETH
*- What’s happening:*
- Price holding above *$2,600* support after a +9.5% run this month. Currently coiling in a tight $2,685 - $2,710 range, just under resistance.
- Structure is bullish – trading above 7, 20, 50 and 200-day moving averages, 200-day way down at $2,119.
- Market sentiment: 75% bullish, Fear & Greed at 65 (Greed). 5c956dd54015
*- Key Levels:*
- *Support:* $2,650 / $2,600 – must hold to keep breakout alive
- *Resistance:* $2,750 - $2,800 – the make-or-break gate
- *Next Target:* If $2,800 breaks with volume, analysts eye $3,400 liquidity target, then $3,000 psychological cf8d
*- Risks:*
Futures volume is still 92% of Binance volume (spot only 8%), so rally is leverage-driven. Plus US spot ETH ETFs saw $118M outflows in last 3 days, which is dragging momentum. b8cccf8d
*Outlook:* Short-term neutral-to-bullish coiling. A daily close above $2,800 opens $3,000. Lose $2,617 (20-day EMA) and we could retest $2,445.
$ETH