$ETH Ethereum just slipped under $2,400, and the next level matters ⚠️
ETH is trading around $2,364, down about 2% on the day. Today’s low was $2,357.
The backdrop is mixed. ETH ETFs lost about $542M in one week, their biggest exit since January. Then on Oct 13 they finally posted an inflow of +$24.8M. One green day isn’t a trend yet.
My simple view:
🔴 Lose $2,357 and the dip could get sharper
🟡 Stay between $2,357 and $2,400 and it’s just chop
🟢 Reclaim $2,400 and buyers are back in short-term control
Where’s ETH heading next?
🟢 Back above $2,400
🟡 Stuck around $2,360–$2,400
🔴 Breaks lower
#Ethereum #ETH #CryptoETFApproval #BinanceSquare
ETH is trading around $2,364, down about 2% on the day. Today’s low was $2,357.
The backdrop is mixed. ETH ETFs lost about $542M in one week, their biggest exit since January. Then on Oct 13 they finally posted an inflow of +$24.8M. One green day isn’t a trend yet.
My simple view:
🔴 Lose $2,357 and the dip could get sharper
🟡 Stay between $2,357 and $2,400 and it’s just chop
🟢 Reclaim $2,400 and buyers are back in short-term control
Where’s ETH heading next?
🟢 Back above $2,400
🟡 Stuck around $2,360–$2,400
🔴 Breaks lower
#Ethereum #ETH #CryptoETFApproval #BinanceSquare