
Ethereum breaks $2,550 resistance, traders eye $3,000
- —ETH trades around $2,635, market cap $315.85 billion, 24-hour volume $10.05 billion
- —ETH futures open interest is $34.3 billion, derivatives volume $68.1 billion versus $4.9 billion spot
- —$133.9 million in ETH futures positions were liquidated in 24 hours
- —Spot ETH ETF inflows on September 18 were $29.4 million after three sessions of outflows
Why it matters: Holding the $2,530–2,550 zone keeps the $2,700–3,000 target alive, while a break below $2,500 raises the risk of deleveraging amid high leverage.
Source: The Coin Republic