#TradingTopics Spot $ETH is hovering around ≈ $2,480 after a 4-5 % intraday dip—it actually sliced below your proposed entry zone for a few hours before clawing back above $2,450.
Volatility remains elevated (daily ranges > $200 for four straight sessions).
How that lines up with your roadmap
Level Your thesis Live price action Quick take
Entry zone $2,455 – $2,500 (≈ 0.786 fib) Tag & bounce already happened once today Still valid, but stops need breathing room—liquidity pockets sit as low as $2,420
1st target $2,555 Only 3 % overhead Could be harvested fast; consider scaling out here to de-risk
2nd target $2,589 4½ % up from spot In easy reach if BTC holds $103 K
3rd target $2,624 6 % up Requires follow-through; watch weekend liquidity
Tactical adds
1. Liquidity map – Large resting bids on Binance cluster at $2,400–$2,420. If those get eaten, next demand is ~$2,300.
2. Macro driver – U.S. treasury yields softened overnight; if the move continues, risk assets (incl. ETH) could get a tail-wind.
3. Options skew – 7-day 25Δ skew flipped mildly bullish (calls pricing richer than puts), hinting traders are positioning for an upside pop after the flush.
Risk ideas
Use a stop below the $2,400 shelf or switch to a time-based stop if price grinds sideways.
Keep sizing light into the weekend; Sunday evening (UTC) gaps have been savage lately.
