The market may be heating up again, but Ethereum is the coin I want to watch when capital starts rotating beyond Bitcoin.
ETH is around 2,452 in the screenshot, with a market capitalization near 82.71 trillion PKR and a 24 hour move of minus 1.53 percent.
That red number is not what interests me most.
What matters is what happens next.
Bitcoin has already reclaimed the psychological 80,000 area recently, while broader crypto liquidity has started returning. Ethereum is sitting in a position where a successful recovery could attract traders looking for the next major large cap move.
The first battle is around 2,400 to 2,450. If buyers continue defending that zone and volume begins expanding, ETH can start building momentum toward 2,600.
Above 2,600, the market could begin looking toward 2,750 and 2,900.
The biggest confirmation would be a sustained move above resistance accompanied by increasing volume. That would suggest the move is not simply a relief bounce.
Whale activity is another thing I would watch closely. Large holders accumulating into support would make the bullish scenario much stronger. Large transfers toward exchanges would make me more cautious.
EP: 2,400 to 2,480
TP: 2,600
TP: 2,750
TP: 2,900
SL: 2,300
Ethereum does not need to explode immediately. It needs to prove that buyers are willing to defend the current zone.
If that happens while Bitcoin remains strong, ETH could become one of the major beneficiaries of the next rotation.
I am ready for the move.
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