🧩 Ethereum tracking $2,200 support after dipping below it amid U.S.–Iran tensions.
Despite the drop, $274M+ flowed into ETH in the last 24 hours—mainly from whales and Layer-2 chains like Base and Arbitrum.
🔍 Technical Outlook
– MACD and on-chain metrics: bearish
– ETH broke the $2,335 neckline and failed to hold its bull flag
– Momentum tools show oversold conditions — possible bounce setup
📊 Key Levels
✅ Support: $2,200–$2,250 (accumulation zone)
🚧 Resistance: $2,335–$2,400 (must reclaim for upside reversal)
💰 Whales accumulated $265M) during the dip.
Volume surged 5× above average—clear signs of institutional interest.
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📌 TL;DR:
ETH bounced off ~$2,224 and is now stabilizing around ~$2,290.
If it breaks $2,335 again with volume, bulls may regain control.
Until then, expect chop — but smart money is entering.
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