🧠 ETH Traders — Caution Ahead!
Ethereum Showing Bearish Signals After $2,600 Rally 🔻
📉 Market Snapshot:
Ethereum recently touched $2,600, but indicators now suggest a short-term correction may be coming. Here's why:
📊 Technical Indicators:
RSI: Below 50 → 🔸 Momentum weakening
MACD: Bearish crossover → 🔄 Trend shift underway
Support Zones:
→ $2,350 (key level)
→ $2,275 and $2,220 (next downside targets)
Resistance Levels:
→ $2,500 and $2,600 remain strong barriers
💬 Sentiment & On-Chain Data:
Fear & Greed Index: 70 (Greed) → ⚠️ Overconfidence in market
Exchange Inflows ↑15% → 💼 Rising selling pressure
🔍 Analyst Outlook:
CoinCodex: ETH could dip to $2,258 (-11.66%) 💔
Michaël van de Poppe: Watching $2,100–$2,250 as key buy zones 💰
✅ What Traders Should Do:
🔸 Watch $2,350 closely – if it breaks, correction could deepen
🔸 Avoid chasing pumps – resistance zones are strong
🔸 Wait for dips to strategic buy zones ($2,250 or below)
🔸 Use risk management & stop losses wisely
🔖 Final Take:
ETH is showing signs of cooling down. Correction = opportunity for smart entries. Stay alert, stay strategic. 💼🚨
#ETH #ETHUpdate #BinanceSquare #TechnicalAnalysis #MarketInsights
📸 Slide 1: Title / Cover
🧠 ETH Traders — Caution Ahead!
Ethereum Showing Bearish Signals After $2,600 Rally 🔻
📉 Technical Indicators
RSI < 50: Weakening momentum
MACD Bearish Crossover: Momentum shift
Support: $2,350 → $2,275 → $2,220
Resistance: $2,500 → $2,600
⚠️ Trend turning cautious
📸 Slide 3: Market Sentiment
💬 Market Sentiment & On-Chain Data
Fear & Greed Index: 70 (Greed)
→ Market overconfidence
+15% Exchange Inflows
→ Possible selling pressure
📊 Signals point to short-term caution.
📸 Slide 4: Analyst Insights
🔍 What Analysts Are Saying
CoinCodex Prediction:
→ ETH to $2,258 (-11.66%)