Publier
Gilly1
That 4 AM spike to $2,615 was a textbook leverage wipeout, triggering $180M in short liquidations.
Without sustained spot volume to absorb overhead supply above $2,600,$ETH quickly pulled back to chop between $2,400–$2,600.
Key levels:
• Upper ceiling: $2,600
• Mid pivot: $2,500
• Demand floor: $2,440
With the FOMC rate decision ahead, expect range-bound chop until macro direction confirms. $ETH
#FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged
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