$ETH The ETH/USDT pair is currently trading at $2,710.12 (+2.39% 24H), showing resilience within a tight range of $2,674.72 โ $2,719.90 as it tests a key resistance level.
๐ Market Snapshot
Support: $2,650 (May 28 low) โ Crucial zone for maintaining bullish structure
Resistance: $2,720 (24H high) โ A breakout here could pave the way to $2,800
Volume: $21.5B in 24H trades โ Reflecting solid market participation
๐ฅ Whatโs Driving the Action?
1๏ธโฃ ETH ETF Buzz โ All eyes on the SEC as the decision on spot Ethereum ETFs nears. Approval could spike volatility and momentum.
2๏ธโฃ Whale Accumulation โ Large buys spotted (e.g., 1,629 ETH โ $4.3M) suggest confidence from big players.
3๏ธโฃ Technical Momentum โ RSI at 62: bullish territory but still room to run before becoming overbought.
๐ก Pro Tip: A strong close above $2,720 with volume could trigger algorithmic buys and lead to a breakou
t toward $2,800.
#BinanceHODLerSOPH #Bitcoin2025 #BinanceAlphaAlert #TrumpTariffs #BinancelaunchpoolHuma