$ETH â Latest Analysis
ETH Price: ~$2,435
Trend: đą Bullish medium-term / â ïž cautious short-term
ETH has pulled back after its recent rally, with price currently around $2.4K. The $2,400â$2,420 zone is important support, while $2,500â$2,550 is the key resistance area.
* Resistance: $2,500 â $2,550 â $2,700
* Support: $2,400 â $2,350 â $2,250
* Bullish scenario: Holding $2,400 and breaking $2,550 could open a move toward $2,700â$3,000.
* Bearish scenario: Losing $2,400 could trigger a deeper pullback toward $2,350â$2,250.
* Key factor: ETHâs recent rally has been supported by strong institutional/ETF demand, but profit-taking and macro pressure are creating short-term volatility.
Overall: ETH remains structurally bullish, but $2,400 support and $2,550 resistance are the levels to watch next.
#SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump #WarshSaysInflationIsFedTopFocus
ETH Price: ~$2,435
Trend: đą Bullish medium-term / â ïž cautious short-term
ETH has pulled back after its recent rally, with price currently around $2.4K. The $2,400â$2,420 zone is important support, while $2,500â$2,550 is the key resistance area.
* Resistance: $2,500 â $2,550 â $2,700
* Support: $2,400 â $2,350 â $2,250
* Bullish scenario: Holding $2,400 and breaking $2,550 could open a move toward $2,700â$3,000.
* Bearish scenario: Losing $2,400 could trigger a deeper pullback toward $2,350â$2,250.
* Key factor: ETHâs recent rally has been supported by strong institutional/ETF demand, but profit-taking and macro pressure are creating short-term volatility.
Overall: ETH remains structurally bullish, but $2,400 support and $2,550 resistance are the levels to watch next.
#SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump #WarshSaysInflationIsFedTopFocus
