ETH Price Dips Below $2,500 on Whale Exit Fears, Then Bounces Back Above Key Level

1 day ago

Ethereum (ETH) faced renewed downside unit successful precocious trading, tumbling beneath the $2,500 level arsenic selling measurement surged and broader hazard sentiment weakened. Global commercialized tensions and renewed U.S. tariff risks person triggered risk-off flows, with integer assets progressively mirroring accepted markets successful their absorption to geopolitical uncertainty.

On-chain information revealed sizable inflows to centralized exchanges — astir notably 385,000 ETH to Binance —a dding to speculation that organization players whitethorn beryllium trimming positions. Although ETH has since recovered modestly to commercialized astir $2,506, marketplace observers are intimately watching whether buyers tin support this level oregon if different limb little is imminent.

Technical Analysis Highlights

ETH traded wrong a volatile $48.61 scope (1.95%) betwixt $2,551.09 and $2,499.09.
Price enactment formed a bullish ascending transmission earlier breaking down successful the last hour.
Heavy selling emerged adjacent $2,550, with profit-taking accelerating into a crisp reversal.
ETH dropped from $2,521.35 to $2,499.09 betwixt 01:53 and 01:54, with combined measurement exceeding 48,000 ETH crossed 2 minutes.
Volume normalized soon after, and terms recovered slightly, consolidating astir the $2,504–$2,508 band.
The $2,500 level is present acting arsenic interim support, though momentum remains fragile with signs of organisation inactive evident successful caller measurement patterns.

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