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Reem ErađȘđ
$ETH rejected the $2,700 level again and dropped to around $2,617, down 3.10%.
The weakness is driven by $BTC failing at $87K, five straight days of ETH spot ETF outflows totaling $205.88M, and increased selling from long-dormant holders.
Key levels:
Resistance: $2,700
Support: $2,591 â $2,550
Below $2,583, liquidation pressure could accelerate.
My trade: Short at $2,617.01, stop-loss above $2,650. Watching closely for a break below $2,591.
$ZEC #OKXNOW
#SepFOMCRateHikeOutlook
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