$ETH Crossing $2,500 gets attention, but staying above it is what really matters.
📊 Market Update: $ETH is trading around 2,500 USDT, up just 0.36%, following Thursday's sharp liquidation wave that wiped out $356M in ETH positions.
🔑 Levels to Watch: 💎 Key Support: $2,500 🚀 Bullish Target: $2,550, followed by $2,650 ⚠️ Risk Zone: A break below ~$2,490 low could bring more selling pressure
📉 ETF Pressure: Spot ETH ETFs saw outflows of $201.9M on Oct 6 and $160.9M on Oct 7.
ETH is showing some resilience, but I'd want to see a daily close above $2,550 before calling it a confirmed recovery. Until then, market may remain range-bound.
💬 Can ETH turn $2,500 into strong support, or will it slip back below? 👀