#etherbelow
etherbelow
8 views
2 Discussing
Hot
Latest
·
--
Bearish
💥ETH just slipped under $2500 again — it's been ping-ponging that level all month.
🔥Where we are right now:
🔥 Sept 8: traded below $2,500, intraday low $2,462, model price at $2,462.32 down 1.51% that day
🔥 Sept 9-11 action: range $2,482 - $2,523, dipped below 20-period MA at $2,490, CMF -0.09
🔥 Latest prints today: Binance $2,511.89 open $2,521 / low $2,462.02 and WSJ tape has ETH $2,485 down 0.4%
So it's not a crash, it's a stall. ADX trend strength fell to 11 = no trend at all, everyone waiting on the Fed meeting Sept 16.
🔥Why pressure:
1. Risk-off - U.S./Iran oil spike to ∼$95 pushed risk assets down, ETH fell to ∼$2,372 on Sept 2 as largest liquidation since August
2. $2,535 is the breakout level traders are watching - needs to close above it to resume uptrend 3. 1-year still rough: ETH down 41.62% YoY despite being up 29% over last 30 days
{future}(ETHUSDT)
$ETH #ethrium #Etherbelow 2500#LSKSurgesOver515%In24Hours #Etherium blew
💥ETH just slipped under $2500 again — it's been ping-ponging that level all month.
🔥Where we are right now:
🔥 Sept 8: traded below $2,500, intraday low $2,462, model price at $2,462.32 down 1.51% that day
🔥 Sept 9-11 action: range $2,482 - $2,523, dipped below 20-period MA at $2,490, CMF -0.09
🔥 Latest prints today: Binance $2,511.89 open $2,521 / low $2,462.02 and WSJ tape has ETH $2,485 down 0.4%
So it's not a crash, it's a stall. ADX trend strength fell to 11 = no trend at all, everyone waiting on the Fed meeting Sept 16.
🔥Why pressure:
1. Risk-off - U.S./Iran oil spike to ∼$95 pushed risk assets down, ETH fell to ∼$2,372 on Sept 2 as largest liquidation since August
2. $2,535 is the breakout level traders are watching - needs to close above it to resume uptrend 3. 1-year still rough: ETH down 41.62% YoY despite being up 29% over last 30 days
$ETH #ethrium #Etherbelow 2500#LSKSurgesOver515%In24Hours #Etherium blew
🔥Where we are right now:
🔥 Sept 8: traded below $2,500, intraday low $2,462, model price at $2,462.32 down 1.51% that day
🔥 Sept 9-11 action: range $2,482 - $2,523, dipped below 20-period MA at $2,490, CMF -0.09
🔥 Latest prints today: Binance $2,511.89 open $2,521 / low $2,462.02 and WSJ tape has ETH $2,485 down 0.4%
So it's not a crash, it's a stall. ADX trend strength fell to 11 = no trend at all, everyone waiting on the Fed meeting Sept 16.
🔥Why pressure:
1. Risk-off - U.S./Iran oil spike to ∼$95 pushed risk assets down, ETH fell to ∼$2,372 on Sept 2 as largest liquidation since August
2. $2,535 is the breakout level traders are watching - needs to close above it to resume uptrend 3. 1-year still rough: ETH down 41.62% YoY despite being up 29% over last 30 days
$ETH #ethrium #Etherbelow 2500#LSKSurgesOver515%In24Hours #Etherium blew
53
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
1
#BitcoinHoldsAbove$77000
3,576 views
116 Discussing
2
#FedHikeOddsRiseTo89%
15,920 views
450 Discussing
3
#BitcoinCrosses$78000
6,633 views
179 Discussing
4
#RLUSDSupplyHitsRecord$2.442B
483 views
16 Discussing
5
#AvalancheIntegratesIntoUAEPassDigitalVault
28,740 views
634 Discussing
6
#UKSeeksViewsOnTokenizingGold
19,940 views
439 Discussing
7
#AnthropicCEOCallsForAISlowdown
186,258 views
2,924 Discussing
8
#RevolutDataLeakReportedlyPostedAttackersThreatenDailyReleases
3,413 views
75 Discussing
9
#BrazilCentralBankRaisesVASPCapitalRequirements
25,645 views
630 Discussing
10
#BitcoinThirdSingleBlockReorgInFourWeeks
66,657 views
1,405 Discussing