📊 Ethereum (ETH) Market Update – July 9, 2025

Ethereum is trading around $2,620, showing a mild daily gain of +0.03%. The price is consolidating in a tight range between $2,546–$2,634, suggesting an imminent breakout.

📈 Bullish Scenario:

A daily close above $2,562 with strong volume could push ETH toward $2,745, then $2,862.

📉 Bearish Scenario:

Failure to hold above $2,500 opens downside risk to $2,424 or even $2,300.

🧠 Indicators show coiling pressure with tightening Bollinger Bands and a bullish MACD crossover on short timeframes. Institutional interest and ETH ETF momentum are supportive, but volume is key.

🎯 Today’s Watch Zone:

Support: $2,500

Resistance: $2,745

Stay alert for volatility—this consolidation won’t last much longer.

#ETH #BinanceTurns8 #BinanceSquare