ETH & ZEC | Market Outlook
$ETH Trading around $2,300–$2,435. Macro uncertainty and institutional ETF outflows are keeping pressure on ETH, despite a broader bullish technical structure.
Support: $2,248 | $2,204
Resistance: $2,464 | $2,576
Outlook: Bullish above $2,464; rejection could trigger another support retest.
$ZEC Trading around $1,290, with strong buying interest and a nearly 14% daily rebound. The upcoming NU7 network upgrade is adding positive sentiment.
Support: $1,250 | $1,150
Resistance: $1,300 | $1,350
Outlook: Bullish momentum could extend toward $1,450 if $1,350 breaks with volume.
Strategy: Watch ETH for a confirmed resistance breakout. For ZEC, avoid chasing the rally; look for a retest of support before entering. A BTC pullback could pressure both assets.
#ETH #zec #USMidterms-WhatAreMarketsExpecting? #USOctoberNFP-AreRateCutsStillPossible #AMDBeatsExpectations-AINarrativeContinues
$ETH Trading around $2,300–$2,435. Macro uncertainty and institutional ETF outflows are keeping pressure on ETH, despite a broader bullish technical structure.
Support: $2,248 | $2,204
Resistance: $2,464 | $2,576
Outlook: Bullish above $2,464; rejection could trigger another support retest.
$ZEC Trading around $1,290, with strong buying interest and a nearly 14% daily rebound. The upcoming NU7 network upgrade is adding positive sentiment.
Support: $1,250 | $1,150
Resistance: $1,300 | $1,350
Outlook: Bullish momentum could extend toward $1,450 if $1,350 breaks with volume.
Strategy: Watch ETH for a confirmed resistance breakout. For ZEC, avoid chasing the rally; look for a retest of support before entering. A BTC pullback could pressure both assets.
#ETH #zec #USMidterms-WhatAreMarketsExpecting? #USOctoberNFP-AreRateCutsStillPossible #AMDBeatsExpectations-AINarrativeContinues