Ethereum’s Critical Support at $2,550: Binance Sees 385,000 ETH Inflow Amid Market Uncertainty

Ethereum is currently testing a pivotal support level at $2,550 as the broader cryptocurrency market experiences a cooling-off period. Analysts are split on its next move, with bullish scenarios projecting a rebound toward $2,650 if support holds, while bearish outlooks warn of potential declines to $2,300 or even $2,000 if key levels are breached. Technical analyst Ali Martinez has identified a TD Sequential buy signal on Ethereum’s 4-hour chart, indicating a possible short-term bounce. Meanwhile, a significant 385,000 ETH has been moved to Binance, sparking speculation about market sentiment and potential large-scale transactions. This development comes as traders closely monitor Ethereum’s price action for clues about its near-term trajectory.

Ethereum Eyes $2,650 If $2,550 Support Holds, Says Analyst

Ethereum hovers near a critical juncture at $2,550 as the broader crypto market cools off. Analysts are divided on its next move—bulls see a rebound toward $2,650 if support holds, while bears warn of a drop to $2,300 or even $2,000 if key levels break.

Technical analyst Ali Martinez highlights a TD Sequential buy signal on Ethereum’s 4-hour chart, suggesting a potential bounce. Meanwhile, 385,000 ETH moved to Binance—a sign that large holders may be preparing to sell, adding downward pressure.

The market watches closely: Ethereum’s resilience against other altcoins could signal strength, but failure to hold $2,500 may trigger cascading liquidations. Traders balance Optimism against the risk of deeper corrections.

BNB Chain Reports Growth in DeFi and AI Sectors Amid New Initiatives

BNB Chain has demonstrated robust growth in decentralized finance (DeFi) and artificial intelligence (AI) sectors, according to its latest weekly report. The network recorded 1.9 million daily active users on Binance Smart Chain and 2 million on opBNB, with a trading volume of $69.75 billion and total value locked (TVL) reaching $10.58 billion.

New projects like UpTop and Volare Finance are expanding DeFi liquidity and options trading, while AI-driven initiatives such as VideoXBT highlight the convergence of blockchain and machine learning. The launch of a Real-World Assets (RWA) Incentive Program further underscores BNB Chain’s commitment to on-chain innovation.