Ethereum Eth usdt Daily analysis
Time frame daily
Risk rewards ratio >2
Ethereum Will Lead New Wave of Altcoin Uptrend
altcoins are likely to rise after a major cryptocurrency takes the lead.
Ethereum’s rise would be very favorable for the altcoin market. I believe that Ethereum is very close to breaking resistance and starting its long-term uptrend, and a weekly candle close above $3,700 could end the 2024 downtrend. I also noted that Ethereum’s move above $3,100 would cause capital to shift from Bitcoin to Ethereum and then to mid-cap and smaller coins. As for Bitcoin, I believe that a daily candle close above $97,450 could see the bullish trend continue to near $100,000.
Ethsignals
#ETH/USDT Ready to launch upwards#ETH
The price is moving in a descending channel on a 2-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 2400
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 3700
First target 4129
Second target 4678
Third target 5477
Is the Surge of Spot Ether ETFs a Game-Changer for Ethereum's Fu
The cryptocurrency market has witnessed a significant shift in recent days, with spot Ether (ETH) exchange-traded funds (ETFs) in the United States experiencing record-breaking inflows.1 This development has sparked discussions among industry experts and analysts, who believe it could signal the beginning of an "altcoin season" and a broader rotation of capital away from Bitcoin.
On November 29th, spot Ether ETFs collectively attracted a staggering $332.9 million in inflows, surpassing the previous daily record of $295.5 million set on November 11th. Notably, these inflows exceeded those of spot Bitcoin ETFs on the same day by approximately $12.9 million.
What Drives the Surge in Ether ETF Inflows?
Several factors likely contributed to this surge in Ether ETF demand:
1. Ethereum's Technological Advancements:
o Ethereum's transition to proof-of-stake (PoS) consensus mechanism, known as the "Merge," has significantly enhanced the network's scalability, security, and energy efficiency. This upgrade has solidified Ethereum's position as a leading blockchain platform for decentralized applications (dApps).2
o The network's layer-2 scaling solutions, such as Arbitrum and Optimism, have further boosted its capacity and reduced transaction fees, making it more attractive to developers and users.3
2. Institutional Investor Interest:
o Institutional investors, such as hedge funds and pension funds, are increasingly recognizing the potential of Ether as a valuable asset class.4 The availability of spot Ether ETFs provides a convenient and regulated way for these institutions to gain exposure to Ethereum.5
o The SEC's approval of multiple spot Ether ETFs has legitimized the cryptocurrency and made it more accessible to traditional investors.6
3. Altcoin Season Expectations:
o Many analysts believe that the recent surge in Ether ETF inflows could be a precursor to an "altcoin season," a period when alternative cryptocurrencies outperform Bitcoin.7
o Historical data suggests that when institutional investors allocate capital to the broader cryptocurrency market, they often diversify beyond Bitcoin, leading to increased interest in altcoins like Ether.8
The Implications for the Crypto Market
The record inflows into spot Ether ETFs have several implications for the cryptocurrency market:
1. Increased Institutional Adoption: The growing interest from institutional investors could further solidify Ethereum's position as a mainstream asset and drive long-term price appreciation.
2. Potential for Altcoin Season: A rotation of capital from Bitcoin to altcoins could lead to significant price gains for Ethereum and other promising cryptocurrencies.9
3. Market Volatility: Increased institutional involvement and speculative trading activity could contribute to increased market volatility.
4. Regulatory Clarity: The SEC's approval of spot Ether ETFs has provided regulatory clarity and could pave the way for the approval of other crypto-related products.10
Conclusion
The record-breaking inflows into spot Ether ETFs are a testament to the growing institutional interest in Ethereum and the broader cryptocurrency market. As Ethereum continues to evolve and innovate, it is well-positioned to capitalize on the increasing demand for decentralized technologies. While the future of the cryptocurrency market remains uncertain, the recent surge in Ether ETF inflows suggests that a new era of growth and adoption may be on the horizon.
Ethereum Trade Alert: Next Big Move Incoming!#Ethereum Trade Setup
Entry Zone: $3,530 to $3,696
Targets:
$4,700
$5,300
$6,050
$8,954
Stop-Loss (SL): $3,169
Leverage: 3X to 5X
Don't miss this opportunity! If you missed the BTC rally, Ethereum could be your chance to catch the next big move. 🚀
#ETH #bullrun
Etherium (Eth) Eth usdt analysis
Time frame daily
Risk rewards ratio >2.5 👈👌
First target 3900 $ area
Price is in very important area.
Strong resistance that you can see in screen
( the red rectangle)
Eth will break this resistance in two way
1. Break directly and pump to 3900 $
2. Make cup and handle pattern, then break the resistance.
#ETH 4H: Support at $3K – Rally to $6K? 11/27/25I expect a corrective pullback to the support level. On spot and futures, I plan to accumulate around $3,000. Based on my analysis, this price zone offers a solid entry opportunity.
Since Bitcoin (BTC) influences the entire cryptocurrency market, Ethereum’s forecast depends on Bitcoin's performance. If Bitcoin rises, other cryptocurrencies are likely to follow, and vice versa.
In my view, Ethereum will show strong performance and begin to rise in December.
A reminder: important news is expected on Wednesday, which could trigger significant price volatility in the crypto market.
Setup is on the chart! For beginners: use a stop-loss!
I personally plan to open a swing position as follows:
Entry (EP): $3,000 - $2,800
Take Profit (TP): $4,000 - $6,000
Stop-Loss (SL): $2,500
DYOR.
How Will the Steady Ethereum Price Impact the Cryptocurrency MarEthereum, the second-largest cryptocurrency by market capitalization, has seen a period of consolidation after a recent rally. While Bitcoin has faced resistance near the $100,000 level, Ethereum appears to be in a more favorable position, attracting capital from investors looking to diversify their crypto portfolios.
Ethereum's Relative Strength
Ethereum's relative strength index (RSI) suggests that the cryptocurrency may be oversold, indicating a potential for a bullish reversal. This, coupled with the ongoing development of the Ethereum network and the anticipation of future upgrades, has led many analysts to believe that Ethereum is poised for further growth.
The Ethereum Network's Potential
Ethereum's underlying technology, the Ethereum Virtual Machine (EVM), has the potential to revolutionize various industries, from finance to supply chain management. As the EVM continues to evolve, it is becoming increasingly capable of handling complex applications and supporting a growing number of users.
Additionally, the upcoming Shanghai upgrade is expected to unlock a significant amount of Ether that is currently staked on the network. This could lead to increased liquidity and potentially drive up the price of Ether.
Crypto Rotation: Ethereum Benefiting from Bitcoin's Weakness
As Bitcoin has encountered resistance near the $100,000 level, some investors may be looking to diversify their portfolios by allocating funds to other cryptocurrencies, such as Ethereum. This shift in investor sentiment could further fuel Ethereum's price rally.
Key Factors to Watch
• Regulatory Clarity: Clear and favorable cryptocurrency regulations, particularly in major markets like the United States, could significantly impact Ethereum's price.
• Institutional Adoption: Continued institutional adoption of Ethereum and its ecosystem could drive significant demand for the cryptocurrency.
• Network Performance: The performance of the Ethereum network, including transaction fees and processing times, will be crucial for its long-term success.
• Market Sentiment: Overall market sentiment towards cryptocurrencies will influence Ethereum's price. A positive market sentiment could lead to increased demand for Ethereum.
Conclusion
While Ethereum's price has steadied after a recent rally, the underlying fundamentals remain strong. The network's potential, coupled with the ongoing development of the Ethereum ecosystem, positions Ethereum as a promising investment. However, it's important to remember that the cryptocurrency market is highly volatile, and investors should exercise caution and conduct thorough research before making any investment decisions.
As the crypto market continues to evolve, Ethereum's role as a leading platform for decentralized applications and smart contracts is likely to solidify, making it a compelling choice for investors seeking exposure to the future of finance and technology.
Ethereum (ETH) Price Technical Analysis - 2024Ethereum "ETH" candles have rebounded off $2,030 multiple times, which acts as a very strong support line. The ($3,050) mark has also acted as a solid line of support recently. Which has also bounced off back from November 18th and broke above the ($3,225) resistance on November 21st, indicating that the bulls are trying to take charge.
Bulls will retest the ($4,860) zone with momentum once again; if bulls succeed, then ETH will likely see a possible surge to break above the All-Time High of $4,868 going back from 2021.
Another perspective from the chart above will be decided in the near short term if the price turns down and breaks below ($3,000). The price may drop to $2,750, which is an important level for the bulls to defend against the bears.
Ethereum Big Profit✨ Exclusive ETH/USD Analysis
📊 In this chart, the classic descending triangle pattern has been broken and it seems that we will see a strong uptrend after retesting the support level.
✅ BUY ZONE: $2,517
🎯 Target 1 (TP1): $6000
🚀 Ethereum has a high potential for growth soon, especially with the confirmation of technical patterns on the daily timeframe. This could be a golden opportunity to enter the market!
💡 What do you think of this analysis? Are we reaching the targets? Write me your comments 👇
#Ethereum #ETHUSD #Technical_Analysis #Crypto
#ETH/USDT Ready to take off upwards#ETH
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 3070
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 3120
First target 3160
Second target 3200
Third target 3240
Unpacking Ethereum's Surge: What's Driving the $3.3K Breakout?Ethereum, the second-largest cryptocurrency by market capitalization, has seen a remarkable surge in recent days, surpassing the $3,300 mark. This significant price increase has sparked widespread interest and speculation among analysts and investors alike.
What's Driving Ethereum's Rally?
Several factors are contributing to Ethereum's bullish momentum:
1. Anticipation for Shanghai Upgrade: The highly anticipated Shanghai upgrade, scheduled for early 2024, is expected to unlock staked ETH. This event could lead to increased market liquidity and potentially fuel further price appreciation.
2. Growing DeFi Ecosystem: Ethereum's robust decentralized finance (DeFi) ecosystem continues to expand, attracting a growing number of users and developers. As more applications and protocols are built on the Ethereum network, the demand for ETH is likely to increase.
3. Institutional Adoption: Institutional investors are increasingly recognizing the potential of Ethereum as a valuable asset. As more traditional financial institutions allocate capital to cryptocurrencies, Ethereum is likely to benefit from increased institutional demand.
4. Positive Market Sentiment: The overall positive sentiment in the cryptocurrency market, coupled with a broader economic recovery, has contributed to Ethereum's price surge.
A Ticking Time Bomb? Derivatives Metrics Explode to Record Highs
While Ethereum's price action has been impressive, some analysts are raising concerns about the potential risks associated with the growing derivatives market. Open interest in Ethereum futures and options has reached record highs, indicating significant speculative activity.
A sudden market downturn or liquidation event could trigger a cascade of liquidations, potentially leading to significant price volatility. Additionally, the increasing leverage employed by traders can amplify both gains and losses.
Analyst Perspectives
Analysts have offered diverse opinions on Ethereum's future trajectory:
• Bullish Outlook: Some analysts believe that Ethereum's long-term potential remains strong, driven by its robust fundamentals and growing ecosystem. They anticipate further price appreciation, especially as the Shanghai upgrade approaches.
• Cautious Optimism: Other analysts are more cautious, highlighting the risks associated with the derivatives market and the potential for a market correction. They suggest that investors should exercise prudence and manage their risk exposure.
The Road Ahead for Ethereum
Ethereum's future trajectory will depend on a variety of factors, including the success of the Shanghai upgrade, the overall health of the cryptocurrency market, and regulatory developments. While the recent price surge is undoubtedly exciting, it is essential to maintain a balanced perspective and be aware of the potential risks involved.
As Ethereum continues to evolve and mature, it will be interesting to see how it navigates the challenges and opportunities that lie ahead.
Solana's Rise: A Challenger to Ethereum's Throne?
Solana, the high-performance blockchain, has made significant strides in the cryptocurrency market, particularly against the long-standing Ethereum. With a 70% rally against Ethereum in 2024, Solana has positioned itself as a strong contender, despite its significantly lower market capitalization.
The Solana Advantage
Solana's ascent can be attributed to several key factors:
• High Throughput: Solana boasts impressive transaction speeds, capable of processing thousands of transactions per second. This is a significant advantage over Ethereum, which often faces scalability issues.
• Low Transaction Fees: Solana's low transaction fees make it an attractive option for users, especially for smaller transactions.
• Smart Contract Functionality: Solana supports smart contracts, enabling the development of decentralized applications (dApps) and other innovative projects.
The Dark Cloud Over Solana's Horizon
While Solana's performance has been impressive, concerns have emerged regarding the sustainability of its growth. A recent report revealed that a significant portion of Solana's record-breaking $318 billion transfer volume was driven by bots, rather than organic user activity. This raises questions about the true level of interest and adoption of the Solana network.
What Does This Mean for Solana's Future?
The revelation of bot-driven activity could have significant implications for Solana's future. If the network's growth is not supported by genuine user adoption, it may struggle to maintain its momentum. A decline in user interest could lead to a decrease in network activity and potentially a drop in the price of SOL.
The Impact on Your Crypto Holdings
As an investor, it's crucial to consider the potential impact of Solana's rise and the concerns surrounding its growth on your crypto portfolio. Here are a few things to keep in mind:
• Diversification: Diversifying your portfolio across multiple cryptocurrencies can help mitigate risks. Consider investing in a mix of established cryptocurrencies like Bitcoin and Ethereum, as well as promising altcoins like Solana.
• Due Diligence: Before investing in any cryptocurrency, conduct thorough research and analysis. Pay attention to factors such as the project's technology, team, community, and market sentiment.
• Risk Tolerance: Assess your risk tolerance and invest accordingly. If you're comfortable with higher risk, you may consider investing in Solana. However, if you prefer a more conservative approach, it may be wise to stick with more established cryptocurrencies.
• Stay Informed: Keep up-to-date with the latest news and developments in the cryptocurrency market. Follow reputable news sources and analysts to stay informed about potential risks and opportunities.
Conclusion
Solana's rapid rise has captured the attention of the cryptocurrency community. However, it's essential to approach this emerging blockchain with a critical eye. While its technology and performance are impressive, the concerns surrounding its growth and the potential impact of bot-driven activity cannot be ignored. As an investor, it's crucial to make informed decisions and carefully consider the risks and rewards before investing in Solana or any other cryptocurrency.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult with a qualified financial advisor before making any investment decisions.1
#ETH/USDT#ETH
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of
3009
Entry price 3162
First target 3290
Second target 3378
Third target 3500
Ethereum (ETH) Forming Reversal Patterns with Bullish Potential
Head and Shoulders Formation: Ethereum recently completed a head and shoulders pattern, resulting in a corrective decline toward lower levels.
Double Bottom Pattern: A bullish double bottom is forming near the $2,918 support level, indicating a potential reversal zone for a long position.
Key Levels:
Resistance: $3,150 and $3,360 are crucial resistance levels to watch for a breakout.
Support: $2,918–$2,881 is the primary support area and a potential accumulation zone.
Projection: If the double bottom confirms, ETH could aim for a rally toward $3,360 and potentially higher. A failure to hold the support may lead to deeper retracement.
Action Plan: Traders should watch for confirmation of the double bottom or rejection at resistance levels before entering positions.
Ethereum's Path to Potential New Highs? Elliott Wave InsightThis chart of ETH/USD is a deep dive into the Elliott Wave structure with Fibonacci levels, projecting possible zones for Ethereum's next big moves. Here’s the breakdown:
1️⃣ **Current Wave Structure**: Ethereum appears to be in a complex corrective phase, following a large impulsive wave. We're eyeing the potential completion of Wave 4, setting the stage for a massive Wave 5 breakout.
2️⃣ **Key Resistance Levels**: Fibonacci retracement points reveal a significant resistance near **$4,458** (38.2%) and a long-term target at **$11,083** (61.8% extension). Could this be Ethereum’s road to five digits?
3️⃣ **Channel Analysis**: The price remains within an ascending channel, indicating a strong uptrend with key support near **$2,315** (23.6% retracement). Watch for any pullback to this level as a potential buy zone!
4️⃣ **Elliott Wave Target**: The projected path hints at an upward trajectory towards **Wave 5** before a potential correction. Could Ethereum break out of the channel and reach new highs?
💭 **Your Thoughts?** Will ETH hit new highs, or will we see a deeper correction before the next rally?
#Ethereum #ETH #Crypto #ElliottWave #TechnicalAnalysis #CryptoMarket #ETHUSD #TradingView #CryptoCommunity #CryptoAnalysis
ETH CME Futures Gap Filled Ethereum's CME futures gap, which had been present for around 90 days, has finally been filled. Typically, CME futures gaps tend to act as magnet levels, drawing the price back to fill these gaps over time. This time, ETH took about three months of consolidation before returning to fill the gap at the $3000 level.
Filling this gap can signal renewed momentum. As history has shown, once a futures gap is filled, price can either continue the trend or establish a new support/resistance area around the gap level.
Regards
Hexa