$ETH is currently trading around $2,530, holding within a relatively narrow intraday band of $2,471–$2,541, and showing slight losses in the past day
coindesk.com+14ainvest.com+14coinlore.com+14investing.com+5tokenpost.com+5coincodex.com+5. Technical indicators present a mixed picture: CoinLore reports that 5 indicators favor “Buy” and 8 indicate “Sell”, suggesting a short‑term bearish bias, with resistance near $2,585 and support around $2,455 coinlore.com+1binance.com+1.
Binance’s analytics slightly lean bullish短‑term, forecasting movement between $2,455–$2,585 in the next 12 hours. It notes 6 buy and 6 sell signals among 17 metrics, and a neutral RSI (~47.5) binance.com. Meanwhile, top platform outward forecasts suggest a 5% upside for today, targeting $2,526–$2,573 u.today+4binance.com+4binance.com+4.
On‑chain, large holders are continuing to accumulate. Glassnode data shows whales added over 800k ETH in a week—the highest yearly inflow—indicating strong institutional conviction despite recent dips whale-alert.io+9coindesk.com+9thecoinrepublic.com+9.
Fundamentally, ETFs have seen net inflows of ~$40M, with platforms like Grayscale and Bitwise adding exposure u.today+15tradingview.com+15cointelegraph.com+15. Tether also minted 1 billion USDT on Ethereum, typically a bullish signal arxiv.org+7binance.com+7coinstats.app+7.
📊 Summary for the Next 24 Hours:
Bullish Case: If ETH holds above $2,500 and reclaims $2,555–$2,585, a move toward $2,600–$2,640 is feasible.
Bearish Case: If ETH breaks below $2,455, it may drop to $2,400–$2,450.
Suggested Strategy:
Long Entry: If price sustains above $2,555, target $2,600+, with stop‑loss around $2,500.
Short Entry: If price drops below $2,455, target $2,400, with stop‑loss at $2,500.
