$ETH is trading around $2,500, down 2.8% in 24H and nearly 10% over the past week.
The $2,450–$2,500 support zone will need defense in order to keep recovery hopes alive. A bounce could target $2,560, followed by 2,700–2,800 and if support fails, it could head towards $2,393 and the $2,296 200-day EMA.
What if $ETH recovers or extends its correction?
#BTC Price Analysis# #Macro Insights#
The $2,450–$2,500 support zone will need defense in order to keep recovery hopes alive. A bounce could target $2,560, followed by 2,700–2,800 and if support fails, it could head towards $2,393 and the $2,296 200-day EMA.
What if $ETH recovers or extends its correction?
#BTC Price Analysis# #Macro Insights#