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ETH Holds Above Weekly Breaker, Eyes Upper ERL of $3,447

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ETH BNB
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Ethereum is trading above a weekly breaker after bouncing from a lower liquidity zone at $1,505.68.

The current price on Binance is around $2,668.39, with $2,300 serving as the key retest equilibrium.

A rebound above $2,800 would keep the charted upper ERL of $3,447.44 in focus for Ethereum holders and traders.

Spot Ether ETFs have attracted a significant amount of capital, drawing $689.9 million through September 25, while futures open interest has fallen.

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