“$ETH at a crossroads: correction – trap or entry point?”
Ethereum is trading around $2,530, down about 0.07% for the day. Intraday range — from $2,466 to $2,738 .
🔍 Key trends:
1. Correction after the rally — after breaking the $2,800 zone, ETH retraced to $2,500, testing a critical demand area.
2. Technical signals — RSI on short timeframes below 50, MACD — on the verge of a bearish crossover — further selling possible at $2,500.
3. Fundamental support — institutional inflows into ETH-ETF amounted to nearly $699 million in June, while $393 million continues to flow out of exchanges, indicating increasing interest in holding assets .
⚠️ Why this is important:
• Holding the $2,500–$2,530 level will provide a chance for a new bounce to $2,800–$3,000.
• A drop below will open the way to $2,400 and even $2,300.
• It is vital to monitor ETF flows and news — for example, topics about additional institutional purchases and upgrades (Pectra and Layer-2).
