ETH/USDT Market Update 🚨
$ETH is currently trading around $2,361, holding steady after a small bounce. Price is moving above the short-term moving average, showing early signs of strength — but momentum still looks cautious.
📊 What I’m seeing: • Price reclaiming MA60 — short-term bullish signal
• Volume spikes appearing, but not consistent yet
• Market structure still range-bound on lower timeframes
• Strong buy-side pressure in the order book (almost 80% bids)
⚠️ Key Levels to Watch: • Resistance: $2,370 – clean break could push higher
• Support: $2,300 – loss of this zone may trigger downside liquidity sweep
💡 My View: This looks like a slow accumulation phase, not a breakout yet. Chasing here is risky. Better to wait for confirmation or a clean retest.
Stay patient. Let the market show its hand.
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