live trading update for ETH

📈 1. Current Price Snapshot

ETH/USD trading around $2,711, reclaiming ground after dipping near $2,482—a recovery of over 9% intraday .

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🔍 2. Key Levels & On-Chain Signals

Binance realized price for ETH sits at $2,392—a major threshold; staying above this could signal bullish strength .

Short-term resistance is seen near $2,700–2,720, while support holds around $2,495–$2,446 .

Bear signal alert: MACD dip, RSI weakening, and a break–retest below trendline may pave way for a slide if $2,495 fails .

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⚙️ 3. Capital Flows & Institutional Signals

**$296M net inflows** into ETH investment products last week—the strongest since late-2024 U.S. election; signals growing institutional confidence .

A whale movement: 22,500 ETH (~$56M) moved off Binance’s custody (“Ceffu”)—could suggest rebalancing or big positioning .

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📊 4. Technical/Channel Overview

ETH trading in a consolidation channel with potential upside to $3,000 if it breaks above the upper channel .

However, forming a rising wedge near 200‑day MA (~$2.6K)—a classic caution zone. Watch $2,200 as deeper support .

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🧭 Summary & Trading Outlook

Bull case: A sustained breakout above $2,700–2,720, fueled by inflows and on‑chain support, could target the next milestone around $3,000.

Bear case: Failing key support at $2,495–2,446 may trigger a pullback towards $2,300 or lower.

🧩 TL;DR

Live ETH price: ~$2,711 (+9% intraday)

Bull triggers: Above $2,700 breakout, institutional inflows, on‑chain support.

Bear triggers: Breakdown under $2,495, MACD/RSI weakness.

Audience question: “Breakout or breakdown—what’s your play?”

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