Looking at the current price action, Ethereum is showing strong bearish momentum. Based on the chart indicators and current trend, I'm expecting a further dip. My target for the next support level is around $2,325.
What are your thoughts? Is it time to short or wait for a bounce? 🤔
The king of crypto, Bitcoin (BTC), is currently trading at 77,243.01, marking a solid +3.37% gain in the last 24 hours.
Key Technical Highlights:
Current Trend: BTC is showing strong recovery after hitting a 24h low of 74,555.12. It recently touched a high of 78,333.00.
Support & Resistance: We are seeing some consolidation around the $77,200 zone. Holding above this level is crucial for the next push toward $79k.
Volume Analysis: Trading volume remains healthy with 1.93B USDT traded in the last 24 hours, indicating active market participation.
The overall sentiment looks bullish as BTC continues to trade well above its daily opening price. Watching closely for a breakout above the recent high of 78,333.
The current price of ETH/USDT is sitting at 2,421.44, showing a +3.87% increase over the last 24 hours.
Key Technical Observations:
Supertrend: The indicator is currently green, suggesting a bullish sentiment on the 15-minute timeframe with support near the 2,408 level.
Volume: We saw a significant spike earlier, though it has stabilized in the recent candles.
Recent High: The price touched a local high of 2,463.86 before a minor consolidation.
The market is showing strength today, recovering well from the 24h low of 2,314.08. ETH continues to hold its ground above the key psychological level of $2,400.
Ethereum pokazuje silną byczą momentum na wykresie 15m, obecnie handlując wokół $2,426 z zyskiem +4.40% w ciągu ostatnich 24 godzin. Cena skutecznie odbiła się od kluczowych poziomów wsparcia i znajduje się powyżej głównych średnich kroczących (MA25 i MA99).
Jeśli obecny wolumen nadal będzie wspierał ten ruch, możemy zobaczyć ponowny test niedawnego szczytu na poziomie $2,463.
Bieżące obserwacje: Wsparcie: $2,400 - $2,415 Opór: $2,465 Trend: Byczy w krótkim okresie
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