Ethereum Defies September Curse With 9% Gain, But $2,722–2,822 Resistance Wall Looms
- —Transactions above $1 million jumped nearly 500% in a week, from 1,202 to 7,113
- —Large holders accumulated over 320,000 ETH, worth roughly $864 million at current prices
- —The $2,722–2,822 zone saw more than 13.3 million ETH traded previously
- —US spot ETH ETFs drew about $690 million over the week, led by Monday's $270 million
Why it matters: A decisive break above $2,722–2,822 could open the path to $2,970 and $3,366, while repeated failures may invite fresh downside pressure.
Source: Cryptonews.net