Markets· ★★★· bearish·

Ethereum holds above key averages after $2,800 rejection

  • ETH traded near $2,675, session low $2,648, down 2.84%
  • Price lost the 4-hour SMA-20 at $2,710 but held above SMA-50/100/200
  • US spot ETH ETFs drew $162.2 million on Sep. 22
  • CoinGlass liquidation bands sit near $2,700 and $2,650
Why it matters: Holding $2,648 keeps a near-term bounce alive; a break opens lower liquidation bands and the $2,532–$2,550 zone.
Source: crypto.news