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Ethereum is now sitting right on a critical decision point near the lower edge of its descending channel, testing the $1,956 support zone.
This is the level where the market either reacts… or breaks.
If buyers defend this area, we could see a short-term relief bounce toward $2,000–$2,030. But if $1,956 fails to hold, expect another downside push before any proper recovery attempt.
Right now, everything depends on reaction at support — not prediction.
One clean bounce here can open a quick scalping opportunity, but confirmation is key.
Traders should stay patient and let the chart show its hand.
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On-chain data shows nearly 35 million $XRP withdrawn from exchanges in 24 hours (the 6th-largest daily outflow of 2026), mostly by large holders, creating a bullish supply squeeze signal as accumulation builds.
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Please get ready to claim the Binance Alpha airdrop and trade today at 9:00 (UTC).
This event features an updated Binance Alpha Box model, where the airdrop pool includes tokens from multiple projects. Users with at least 228 Binance Alpha Points can claim one token reward on a first-come, first-served basis. Claiming the airdrop will consume 15 Binance Alpha Points.
Additionally, this airdrop features three reward tiers: Common (80% of the reward pool), Rare (15%), and Super Rare (5%), each with different alpha box values. When claiming, users will be placed into one of these tiers. Rewards are distributed according to these tier proportions. If rewards are not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes.
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