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🚀 $ETH Market Update: Consolidation or Breakout? 🚀Ethereum is currently hovering around $2,340. While the broader market is showing some mixed signals, $ETH is holding steady. Here’s what I’m watching:Key Resistance: Bulls are struggling to clear the $2,400 mark. A solid close above this could open the door for a move toward $2,550.Support Zone: Immediate support lies near $2,260. If we hold this, the bullish structure remains intact.Whale Activity: Recent reports show significant accumulation, with over 140,000 ETH scooped up by large wallets in the last few days.Staking Strength: Roughly 30% of the circulating supply is now staked, which helps reduce liquid sell pressure.My Take: I’m keeping a close eye on my Perp position. If we reclaim $2,420, it could get very interesting! 📈
$ETH
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