ETH Holds a Key Trendline as Glamsterdam Upgrade Faces Delay
Photo: CryptoNewsLand
ETH trades near $2,367, with $2,350 support crucial to preventing a deeper decline. Ethereum spot ETFs recorded $4.4 million in inflows, reversing the previous day's $110.6 million outflow. Glamsterdam's testnet activation faces delays, while ETH targets $2,500 resistance amid bearish momentum. ETH is facing a critical test as sellers push prices toward rising support. On October 24, ETH traded near $2,367 after falling from September's $2,800 high. Buyers now need to defend the trendline that has supported recovery since June. Meanwhile, renewed ETF inflows offer a small boost after heavy withdrawals.
Source: CryptoNewsLand
