#ethereumsurpasses2500usdt
🚨 $ETH is back above $2,500 — but can bulls hold the level?
Ethereum is trading around $2,500 after Thursday’s liquidation wave wiped out $356M in ETH positions. The price has recovered, but a stronger confirmation is still needed.
👀 Here are the levels to watch:
🔹 $2,500: The key level ETH needs to defend.
🔹 $2,550: The next hurdle before a stronger recovery signal.
🔹 $2,650: The next bullish target mentioned in the setup.
🔹 Around $2,490: A break below this recent low could invite more selling.
There’s also pressure from spot ETH ETFs, which recorded outflows of $201.9M on Oct. 6 and $160.9M on Oct. 7.
For now, holding $2,500 is encouraging, but a daily close above $2,550 would offer a stronger recovery signal.
💬 Can $ETH turn $2,500 into solid support, or are we heading back below it?
#ETH #Ethereum #BinanceSquare #CryptoMarket
🚨 $ETH is back above $2,500 — but can bulls hold the level?
Ethereum is trading around $2,500 after Thursday’s liquidation wave wiped out $356M in ETH positions. The price has recovered, but a stronger confirmation is still needed.
👀 Here are the levels to watch:
🔹 $2,500: The key level ETH needs to defend.
🔹 $2,550: The next hurdle before a stronger recovery signal.
🔹 $2,650: The next bullish target mentioned in the setup.
🔹 Around $2,490: A break below this recent low could invite more selling.
There’s also pressure from spot ETH ETFs, which recorded outflows of $201.9M on Oct. 6 and $160.9M on Oct. 7.
For now, holding $2,500 is encouraging, but a daily close above $2,550 would offer a stronger recovery signal.
💬 Can $ETH turn $2,500 into solid support, or are we heading back below it?
#ETH #Ethereum #BinanceSquare #CryptoMarket