đšÂ $ETH  Update: Bulls on Thin Ice? đđ
Ethereum is back below $2,500, losing its recent Q2 edge over BTC. But this isnât game over â just yet. Two critical levels now define the next move. đ
1⣠Break the ceiling â ETH must flip the long-term trendline (in place since 2018!) and close above $2,575 to confirm bullish momentum. Otherwise? Sideways or worse.
2⣠Hold the zone â The $2,100â$2,300 area is a volume-heavy battleground. Lose it, and $1,750 could come into play fast. â
đ§ RSI is neutral at 46.85. No euphoria. No panic. Just hesitation.
But institutions arenât waiting.
Sharplink Gaming just scooped up 5,989 ETH ($14.45M) via Galaxy Digital. Thatâs not noise â thatâs positioning. đ§±
The market might be indecisive short-term, but whales are stacking. Think long-term. Think structure. â
đTL;DR:
â Close above $2,575 = likely move to $2,850
â Rejection = potential drop to $1,750
Patience, not panic. The range will speak. đŻ