Ethereum dipped below 2,400 USDT intraday today, then bounced back 📉📈
According to Binance spot data, ETH hit a 24-hour low of 2,393 and a high of 2,494. It’s now back around 2,439, down about 1% on the day. BTC has also been fluctuating, trading in a 24-hour range of 80,800 to 82,900 and currently sitting around 81,700.
My take: There’s definitely short-term buying support around 2,400, but the downtrend hasn’t been broken yet. 2,500 is the first resistance level overhead; only a high-volume move back above it would signal a genuine bottom. If ETH decisively breaks below 2,400 again, watch out for liquidity being swept near the previous low. Liquidity tends to be thin over the weekend, so keep leverage under control.
Do you think this was a false breakdown or a pause before another leg down? 👇
#以太坊跌破2400USDT #BTC #ETH
$BTC $ETH
According to Binance spot data, ETH hit a 24-hour low of 2,393 and a high of 2,494. It’s now back around 2,439, down about 1% on the day. BTC has also been fluctuating, trading in a 24-hour range of 80,800 to 82,900 and currently sitting around 81,700.
My take: There’s definitely short-term buying support around 2,400, but the downtrend hasn’t been broken yet. 2,500 is the first resistance level overhead; only a high-volume move back above it would signal a genuine bottom. If ETH decisively breaks below 2,400 again, watch out for liquidity being swept near the previous low. Liquidity tends to be thin over the weekend, so keep leverage under control.
Do you think this was a false breakdown or a pause before another leg down? 👇
#以太坊跌破2400USDT #BTC #ETH
$BTC $ETH