$ETH ETH Holds at $2,380 — Breakout or Breakdown?
Ethereum is stuck at $2,380, and traders are getting impatient.
Downside risk: Losing this level could send it to $2,200. Macro headwinds — 68% rate hike odds, oil >$95, 10-year yield at 4.8% — add pressure.
Upside catalyst: 12 straight days of spot ETF inflows show institutions are still buying. If BTC rallies, ETH follows.
Key levels: Support at $2,380, resistance at $2,500-$2,550. Break one way or the other — direction coming soon.