$ETH Ethereum at $1,700: Critical Support Test Ahead**

**Technical Outlook**:

- **Support**: $1,650 (2024 low) → Break below targets $1,550

- **Resistance**: $1,800 (recent high) → $2,000 (psychological barrier)

- **Liquidation Zones**: $1.7M in liquidations sit at $1,720 (Binance data)

**Fundamental Factors**:

1. **Staking**: 26% of ETH supply locked (APY now 4.8%)

2. **L2 Growth**: Arbitrum hits 5M daily tx (fees under $0.10)

3. **ETF Delay**: SEC pushed decision to 2025

**Trading Tip**: Use Binance’s “Price Alert” tool to monitor key levels.

$ETH