Ethereum remains in a waiting phase, between consolidation and potential recovery. Find our complete analysis and current technical outlook for ETH.
In summary
Technical Analysis: Ethereum is trading around 1,800 USD, consolidating below the resistance at 1,850 USD. The weekly rebound of +13% and the increase in volumes (+76%) indicate renewed interest. The long-term trend remains bullish, the short-term dynamics have changed positively, but the medium-term trend remains bearish below 2,104 USD. Momentum is recovering.
Derivative Analysis: The derivatives market remains balanced: stable open interest, similar buyer and seller flows (neutral CVD), and slightly positive funding. Liquidations are low, mostly in long positions, indicating a generally cautious stance.
Forecasts: Staying above 1,471 USD would allow for a gradual aim towards 1,875 USD, 2,105 USD, and then 2,560 USD. Conversely, a break below 1,723 USD would open a bearish scenario towards 1,370 USD or even 1,070 USD. The liquidation zones around 1,870 USD and 1,700 USD will be decisive.
Conclusion: Recent technical signals are encouraging, driven by renewed interest and improving dynamics. However, in the absence of clear validation at key levels, the market remains in a waiting phase.