Once again $ETH facing rejection ... sellers are still active.
Ethereum failed to sustain the recovery near the 2,700โ2,730 area and is now slipping back toward support. The recent rejection shows short-term downside pressure is still there.
The key level now is 2,630. If this support holds, ETH can attempt another recovery. If it breaks, the next downside area comes near 2,530.
For now:
โ Trend: Short-term bearish
โ Resistance: 2,700โ2,730
โ Key Support: 2,630
โ Next Support: 2,530
โ Focus: ...
BITCOIN JUST WOKE UP
$BTC closed Sunday at $81,120, its best weekly close since the week of May 4. Then Monday, Sept 21 hit.
Bitcoin ripped to $87,397, an 8-month high, on $715M in single-day ETF inflows and $750M in forced short liquidations.
That's a 51% rally from the $57,700 July low.
It reclaimed the 50-week EMA near $77,769, which had been treated as a prerequisite for further upside.
Bulls are eyeing $90K next, then $95K, with Uptober around the corner.
The shorts got wrecked. The b...
Everyone is still short ONDO; the daily trend disagrees.
๐ $ONDO /USDT ยท Bias: LONG (Strong) ยท 7/12 signals aligned
Technical verdict: STRONG LONG. 7 of 12 signals aligned, 1 against.
What supports it (7):
โข Daily trend: price > EMA50 > EMA200, bullish stack
โข 4h trend: price > EMA50 > EMA200, bullish stack
โข 1h trend: price > EMA50 > EMA200, bullish stack
โข Trend strength (ADX/DI, 15m): ADX 31.1 with buyers in control (DI+ 25.1 vs DIโ 11.9)
What argues against (1):
โข BTC backdrop: BTC trend ...
$ETH at $2,600 is a gift if you're playing the 2027โ2030 cycle. My base case? $10k isn't a moonshot โ it's the logical outcome when institutional DeFi adoption ramps, staking yields compress spreads, and Layer 2s prove Ethereum is the settlement backbone for everything that matters on-chain.
Short-term? Yeah, we could chop lower. Macro's still messy, gamma's thin, and risk-off flows hit alts first. But if you zoom out, every major dip since 2020 has been a reload opportunity. This one's no diff...