📊 ETH PRICE ACTION UPDATE (05/15/2025 - 16:53 GMT+7) 🚀

🔍 Quick analysis on the 4H timeframe (ETH/USD):

Based on recent data and market sentiment: Current price: ETH is fluctuating around 2,523.35 USD (according to data from Coinbase on 05/14/2025), down 4% from 24 hours ago. Resistance: The 2,600-2,700 USD range (ETH just touched 2,700 on 05/13/2025 but has retraced). Support: The nearest support level is 2,455 USD, lower is 1,900 USD (based on short-term forecasts). Indicator: The RSI on the 4H timeframe is at 76-84 (according to sources like CoinCodex and CoinLore), indicating that ETH is in the overbought zone, and a short-term correction may occur. The 50-day MA is trending upwards, but the 200-day MA shows signs of weakness (according to Binance).

📉 Prediction: ETH is likely to retrace to the support area of 2,455 USD or lower to 1,900 USD if selling pressure increases. If it holds above 2,455 USD and breaks through 2,700 USD, ETH could target 3,000 USD (a key psychological level). Some posts on X indicate cautious sentiment, with predictions that ETH may accumulate sideways or dip before a strong rise.

⚠️ Note: This is technical analysis, not investment advice. Please monitor the market and manage risk carefully!

💬 Where do you think ETH will go next? Comment below! 👇

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