💎 ETH Update: Generational Reset or Just Getting Started?
$ETH is testing the nerves of every trader today. After a wild ride down from the 2026 highs, we are currently battling to hold the $2,000 psychological level. 🛡️
📊 The State of Play
Price Check: Trading around $2,010 - $2,100. We’ve seen a massive 22% recovery from the Friday flash-crash to $1,750, but the bears 🐻 aren't backing down yet.
The "Smart Money" Signal: While retail is fearful, institutions are hungry. BitMine Immersion just deployed $42M to scoop up ETH at the bottom. 🐋
Narrative vs. Price: Stablecoin transactions on Ethereum are up 200%, even while the price dropped. History shows that when activity peaks, the price eventually follows. 🔄
🎯 Key Levels to Watch
Resistance: $2,150 (If we break this, the "V-shape" recovery is on).
Support: $1,860 & $2,000 (Losing these could mean more pain).
Sentiment: Neutral to Bullish 📈 — The leverage is flushing out, and the "diamond hands" are accumulating.
What’s your move? Are you buying this "generational reset" or waiting for a deeper dip? Let’s talk in the comments! 👇
#Ethereum #ETH #BinanceSquar e #USRetailSalesMissForecast #BinanceSquare $ETH
