
Ethereum Trades Near $2,700 as Traders Eye Key Resistance
- —ETH at $2,706, up 2.12% on the day, after touching $2,721 intraday
- —Immediate resistance at $2,739, stronger zone at $2,772; support at $2,655
- —71.7% of retail traders are long; top traders are 58.2% long
- —Spot Ethereum ETFs have drawn $13.94 billion in cumulative net inflows
Why it matters: A break above $2,772 opens the door to $2,900–3,000, while losing $2,640 would weaken the bullish setup and expose $2,604.
Source: Blockonomi