ETH is struggling to hold above the $2,600 resistance level after gaining 15.1% from September 18-23. 📈
- Fed rate cuts and recession fears have pushed ETH higher.
- S&P 500 hits new high, US 2-year bond yields fall.
- ETH is still down 33% over the past 4 months, however.
On September 27, $2.78 billion of ETH options expire:
- $1.82 billion of call options and $0.95 billion of put options.
- Bulls need to push the price above $2,700 to win.
Ethereum network transactions up 15%, transaction fees rise to $4.50.
Can ETH break above $2,700? Comment your thoughts! 💬#Crypto#Ethereum #Blockchain