🎯 ETH Is Holding $2,500 — But Can Bulls Push Higher?
Crossing $2,500 is one thing. Staying above it is the real test.
$ETH is hovering around 2,500 USDT, up just 0.36% on the day. After Thursday’s flush wiped out $356M in ETH positions, the market is still trying to find its direction.
🔹 Key Support: $2,490 — losing this level could bring more selling pressure.
🔹 Resistance: $2,550 — bulls need to break above it to build momentum.
🔹 Next Target: $2,650 if buyers take control.
🔹 Market Pressure: ETH ETFs saw outflows of $201.9M on Oct 6 and $160.9M on Oct 7.
I’m watching $2,550 closely. Until ETH closes above this level on the daily chart, I’m treating this as a range rather than a confirmed reversal.
💬 What do you think — is $2,500 strong support, or will ETH drop lower? Share your view below! 👇
#ETH #Ethereum #CryptoMarket #CryptoTrading #Bitcoin #Altcoins #Binance #CryptoAnalysis
Crossing $2,500 is one thing. Staying above it is the real test.
$ETH is hovering around 2,500 USDT, up just 0.36% on the day. After Thursday’s flush wiped out $356M in ETH positions, the market is still trying to find its direction.
🔹 Key Support: $2,490 — losing this level could bring more selling pressure.
🔹 Resistance: $2,550 — bulls need to break above it to build momentum.
🔹 Next Target: $2,650 if buyers take control.
🔹 Market Pressure: ETH ETFs saw outflows of $201.9M on Oct 6 and $160.9M on Oct 7.
I’m watching $2,550 closely. Until ETH closes above this level on the daily chart, I’m treating this as a range rather than a confirmed reversal.
💬 What do you think — is $2,500 strong support, or will ETH drop lower? Share your view below! 👇
#ETH #Ethereum #CryptoMarket #CryptoTrading #Bitcoin #Altcoins #Binance #CryptoAnalysis