Ethereum Stays Resilient: ETHUSD Follows Bitcoin's Lead Above USD 2,300 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether 
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AUD/USD firms slightly ahead US-Iran Peace talks 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Smashes Resistance: BTC Eyes 80,000 USD Milestone as ETF Inflows Surge 
FxWirePro- Woodies Pivot(Major) 
Solana at a Crossroads: Triple Bottom Support Offers Lifeline for SOL Bulls 
FxWirePro- Major European Indices 
Ethereum Resilience: Institutional Inflows Counter Whale Caution Amid Global Tensions
Ethereum (ETH) has success 
FxWirePro- Major European Indices 
ETHUSD has been trading sideways between $3221 and $2814 for the past week. It hit a low of $2977 at the time of writing and is currently trading around $2997.
Grayscale withdrew its 19b-4 application for ETH ETF. The SEC is planning to approve Van Eck’s spot ETH ETF on May 23rd 2024.5.8
The intraday bullishness is possible if it holds above $3200. On the higher side, the near-term resistance is $3200. Any significant jump above the target is $3300/$3360/$3400/$3500/$3620/$3700/$3800/$4000—significant bullish continuation only above $4800.
The immediate support is around $2800. Any breach below $2800 confirms bearish continuation. A dip to $2700/$2500 is possible. A violation below $2500 will drag the Ethereum to $2300/$2000.
It is good to buy on dips around $2800 with SL around $2500 for TP of $4000.
