Al -Atheer shows a renewed dimension after a decisive support zone near $ 2,584.
The cryptocurrency has quickly stumbled from its recent decline, as it settled over $ 2620, as it absorbs the pressure of the wider macroeconomic associated with continuous trade tensions in the United States, China and the uncertainty in politics.
Despite these external opposite winds, technical indicators remain constructive, and institutional demand continues to build.
The ETF weekly Spot ETF flows have reached the highest level of new 2025, noting the long -term condemnation.
The price structure has been firmly firm than the main moving averages, with a sequence lower than its lowest level in place since April, which enhances market confidence.
Analysts note that the ether may come close to collapse in a decisive state of resistance at $ 2650 – $ 2700.
It highlights technical analysis
- ETH was traded in 24 hours from 61.32 dollars (2.37 %), between 2,584.33 dollars and 2,645.65 dollars.
- The V -shaped bounce was confirmed by strong demand at $ 2584, with an hour in size at 169,933 ETH.
- Rally climb up at 03:00 hours, the price was paid near $ 2,645 on 198,361 ETH size.
- Ethereum settled about $ 2,629, which is a low -lower structure than the previous support
- A strong purchase benefit appeared at the $ 2625 region – $ 2,627 during the last hour of the session.
- The high size of the late session (9,645 ETH at 07:25) has been verified.
- The momentum remains a construction as ETH carries gains more than $ 2,620 and builds towards resistance of $ 2645.
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