ETH/USDT Weekly Analysis đ
$ETH $USDC
Ethereumâs been chilling in a sideways range after ripping 41% higher in May. Cooling off, but still very much in the game.
đ Support: $2,300
đ Resistance: $2,850
With U.S. equities sitting near all-time highs and Bitcoin knocking on new record levels, the broader risk-on environment is heating up â and ETH is lining up for another move.
Bullish signals stacking up:
â Weekly RSI just broke out
â MACD flipped bullish
â Price holding strong above the 200-week MA
â Stochastic RSI pointing up
â ETH ETF inflows still rolling in
â M2 money supply climbing again
Macro + technicals = strong tailwind. Wouldnât be shocked to see ETH tag $4,000 in the next 4â6 weeks if momentum holds.
$ETH $
$ETH $USDC
Ethereumâs been chilling in a sideways range after ripping 41% higher in May. Cooling off, but still very much in the game.
đ Support: $2,300
đ Resistance: $2,850
With U.S. equities sitting near all-time highs and Bitcoin knocking on new record levels, the broader risk-on environment is heating up â and ETH is lining up for another move.
Bullish signals stacking up:
â Weekly RSI just broke out
â MACD flipped bullish
â Price holding strong above the 200-week MA
â Stochastic RSI pointing up
â ETH ETF inflows still rolling in
â M2 money supply climbing again
Macro + technicals = strong tailwind. Wouldnât be shocked to see ETH tag $4,000 in the next 4â6 weeks if momentum holds.
$ETH $
