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Crypto Express

07/09 03:10

Can ETH break above $2,560

Can ETH break above $2,560 or will $2,500 act as a floor?

The liquidation heatmap showed intense activity between $2,500 and $2,560, highlighting them as key battleground zones.

These levels host large clusters of leverage, meaning a sharp move through either side could trigger cascading liquidations. 

Therefore, ETH’s next significant breakout or rejection will likely occur within this narrow range. If bulls overcome the $2,560 resistance, further upside may follow.

 Conversely, a breakdown below $2,500 could force long liquidations. The short-term price action depends heavily on how traders react around these thresholds.
Binance-ETH_USDT-Liquidation-Heatmap24-hour-2025-07-08_10_04_00-768x537.png

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