#Ethereum $ETH #BitcoinEthereumHitMultiMonthHighs

ETH Market Update — 4 September 2026

$ETH price: around $2,510, with ETH up roughly 4–5% over the last 24 hours.

📈 Technical picture

Immediate resistance: $2,535–$2,550. A strong daily close above this zone could open the way toward $2,800–$2,920.

Key support: $2,490, followed by $2,438–$2,400.

Major downside level: around $2,200. A break below this would weaken the current bullish structure considerably.

Today's move appears partly driven by a broader crypto rebound and short liquidations, so ETH still needs to prove that buyers can sustain the breakout.

🔥 Market sentiment
The short-term picture is cautiously bullish, but $2,550 is the critical hurdle. #ETH has previously been rejected around this area, so chasing a rapid move without confirmation carries higher risk.

My short-term scenarios:

🟢 Bullish: Hold above $2,490 → break $2,550 → potential $2,700–$2,920.

🟡 Neutral: $2,400–$2,550 range/consolidation.

🔴 Bearish: Lose $2,400 → possible move toward $2,200.

Bottom line: ETH momentum has improved today, but $2,550 is the key breakout level. I would consider the trend significantly stronger only after a confirmed close above it. This is market analysis, not financial advice.#ETH $ETH #BinanceSquareFamily