Current price around 1,840 dollars
Bullish scenario:
Conditions: Stay above 1,471 USD.
Targets: 1,875 USD / 2,042 USD / 2,105 USD / 2,330 USD – 2,560 USD.
Potential: Approximately +42% from the current level.
Bearish scenario:
Conditions: Break of support at 1,723 USD.
Targets: 1,471 USD / 1,370 USD / 1,150 USD / 1,070 USD.
Potential: Drop that can reach up to -40%.
Comment:
The bias remains neutral to bearish for now, awaiting a real signal of trend change. The upcoming macroeconomic indicators (U.S. GDP, PCE) could be decisive in validating or not this scenario.
Conclusion
Ethereum shows encouraging technical signals, supported by an increase in activity and a more constructive market sentiment. However, in the absence of clear validation at key levels, caution remains. The market is in a phase of equilibrium, where reactions in sensitive areas will guide the confirmation or invalidation of the current bias. In this context, it will be essential to closely monitor price reactions at strategic levels to confirm or adjust current forecasts.
Finally, let's remember that these analyses are based solely on technical criteria, and that the price of cryptocurrencies can change rapidly based on other more fundamental factors.
