$ETH AT $2,500 — BREAKOUT OR BULL TRAP?
Crossing $2,500 means nothing if Ethereum cannot hold it.
$ETH is hovering around $2,500 after a sharp flush that liquidated $356M in ETH positions.
KEY LEVELS TO WATCH:
Pivot: $2,500 — bulls vs. bears
Resistance: $2,550, then $2,650
Support: $2,490 — losing this level could invite more selling
THE BIG WARNING: ETH ETF outflows added pressure, with $201.9M leaving on Oct. 6 and $160.9M on Oct. 7.
My view: A daily close above $2,550 would strengthen the bullish case. Until then, ETH could remain range-bound.
YOUR CALL: Will $ETH break toward $2,650 or drop below $2,490?
PUMP or DUMP? Comment your target.
trade accordingly 👇
NOT FINANCIAL ADVICE. DYOR.
#ETH #Ethereum #BinanceSquare #EthereumSurpasses2500USDT #ETH🔥🔥🔥🔥🔥🔥
Crossing $2,500 means nothing if Ethereum cannot hold it.
$ETH is hovering around $2,500 after a sharp flush that liquidated $356M in ETH positions.
KEY LEVELS TO WATCH:
Pivot: $2,500 — bulls vs. bears
Resistance: $2,550, then $2,650
Support: $2,490 — losing this level could invite more selling
THE BIG WARNING: ETH ETF outflows added pressure, with $201.9M leaving on Oct. 6 and $160.9M on Oct. 7.
My view: A daily close above $2,550 would strengthen the bullish case. Until then, ETH could remain range-bound.
YOUR CALL: Will $ETH break toward $2,650 or drop below $2,490?
PUMP or DUMP? Comment your target.
trade accordingly 👇
NOT FINANCIAL ADVICE. DYOR.
#ETH #Ethereum #BinanceSquare #EthereumSurpasses2500USDT #ETH🔥🔥🔥🔥🔥🔥