【ETH Critical Decision Moment: $2500 Becomes the Lifeline, 8% Correction About to Ignite?】
As Bitcoin experiences extreme fluctuations, ETH has been dormant in an extremely narrow range for three weeks, with $2500 becoming the market's most sensitive nerve.
Repeated tests of the 2450 support have not broken, showing a strong accumulation signal;
but the upper resistance at $2700 continues to layer, with short positions being increasingly suppressed.
Currently, Ethereum has entered a typical 'end of oscillation' pattern:
Bollinger Bands are continuously converging,
RSI has crossed down,
Short momentum is rising,
The downtrend line has not been broken.
Once $2500 is lost, it may drop straight back to the $2310 range, with a decline exceeding 8%!
However, if it strongly breaks through $2700 and stabilizes above $2715, a new round of reversal structure will be initiated, potentially replicating the historical script of soaring from $2500 to $4000 in 2021!
It is worth noting: Sharplink Gaming has planned to purchase $1 billion in ETH as an ETF supplement, and the potential buying pressure cannot be ignored!
Currently, ETH is standing at a critical point between bulls and bears; this is not sideways—this is the calm before the storm!
