ETH spot currently holds $3150, comfortably above the $2500 strike. On-chain metrics show robust daily active addresses and sustained whale accumulation, reinforcing strong $2800 support. Futures funding rates remain consistently positive, indicating healthy long sentiment and preventing significant downside leverage unwinds. A retrace below $2500 would require unprecedented capitulation, unlikely given current macro stability. 95% YES — invalid if BTC decisively breaks $60k.
Current ETH spot trading at $3000+ makes the $2500 threshold a structurally robust, deep support. Derivatives data shows minimal IV premium for short-dated OTM puts struck below $2800, signaling low market expectation for a downside breach. On-chain, whale accumulation addresses reflect persistent net inflows. The 200-day EMA acts as strong dynamic support well above $2500.
ETH spot currently holds $3150, comfortably above the $2500 strike. On-chain metrics show robust daily active addresses and sustained whale accumulation, reinforcing strong $2800 support. Futures funding rates remain consistently positive, indicating healthy long sentiment and preventing significant downside leverage unwinds. A retrace below $2500 would require unprecedented capitulation, unlikely given current macro stability. 95% YES — invalid if BTC decisively breaks $60k.
Current ETH spot trading at $3000+ makes the $2500 threshold a structurally robust, deep support. Derivatives data shows minimal IV premium for short-dated OTM puts struck below $2800, signaling low market expectation for a downside breach. On-chain, whale accumulation addresses reflect persistent net inflows. The 200-day EMA acts as strong dynamic support well above $2500.
