📰 Spider Capital Investment Limited Daily Crypto Update – Ethereum (ETH/USDT)

🗓️ Date: 17 May 2025
📍 Current Price: $2,488.00
📉 24H Change: -2.7%

🔍 Market Snapshot:

Ethereum has dipped further, now trading around $2,488, extending the decline after facing strong rejection near the $2,650 resistance zone earlier this week. Price is currently testing a key demand zone between $2,480–$2,500.

📊 Technical Summary:

• Trend: Short-term bearish
• Key Support: $2,450 – $2,480
• Key Resistance: $2,560 – $2,600
• RSI: Near 35 (watch for potential reversal signals)
• Next move: A break below $2,480 may open room toward $2,400; a bounce could retest $2,550.

⚡ Spider Strategy Tip:

“Volatility is opportunity — but only if you plan your entries.”
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