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Something is definitely brewing with $ETH at this 2,290 level.
The daily chart shows a clean bounce from the 1,938 lows, but we just got hit with a heavy rejection near 2,464. Now, the price is just hovering.
The order book shows almost 80% on the buy side, which is a massive demand wall, but the volume on these green candles is looking a bit tired.
If we don't clear 2,300 with some real strength, we’re likely heading back down to test the 2,150 support.
Watching the closely before jumping in. Stay sharp.
#GateSquareMayTradingShare #BitcoinFallsBelow80K