Ethereum (ETH/USDT) Analysis:
📊 Current Price: $2,492.32 (Down -8.52% in 24h)
🔍 Technical Analysis:
1. Short-Term Trend:
- Significant price correction
- Bearish short-term momentum
- Testing key support levels
2. Key Levels:
- Support: $2,461.52
- Resistance: $2,735.15
- 24h Range: Low $2,461.52 - High $2,735.15
- All-Time High: $4,891.70
3. Market Indicators:
- Market Cap: $300.51B
- 24h Trading Volume: $30.18B
- Circulating Supply: 120.57M
🎯 Trading Recommendations:
- Strategy: Cautious, Wait-and-Watch
- Potential Entry: $2,500 - $2,550
- Stop Loss: $2,400
- Take Profit: $2,700
⚠️ Risk Management:
- Reduce exposure during high volatility
- Monitor Pectra upgrade developments
- Watch for trend reversal signals
🔮 Market Outlook:
- Short-term bearish sentiment
- Potential consolidation phase
- Long-term fundamentals remain strong
💡 Key Factors:
- Recent price correction
- Upcoming Pectra upgrade
- Overall crypto market conditions
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.