$ETH continues to trade in a bullish structure, with buyers maintaining control above major support levels. The 50-day Moving Average remains above the 200-day Moving Average, indicating a positive medium-term trend. RSI is hovering near the neutral-to-bullish zone (55–65), suggesting there is still room for upward momentum before becoming overbought. A strong break above the recent resistance could trigger the next bullish rally, while failure to hold support may lead to a short-term pullback. Trading volume is gradually increasing, showing renewed buying interest from market participants. Outlook: Bullish bias remains intact as long as ETH stays above its key support level. Always use a stop-loss and wait for candle confirmation before entering a trade.
#Ethereum #ETH #BinanceSquare #BitcoinMiningDifficultyMayFall1.2%