$ETHFI
2-Day Market Analysis
Volume & Volatility:
High 24h volume (104M ETHFI / 153M USDT) indicates active trading.
Volatility is elevated (24h range spans ~33%), likely to persist.
Historical Performance:
- 7-day gain: +113.20% (Hot streak).
- 30-day gain: +235.84% (Extreme rally, overdue for consolidation).
Bullish Scenario:
If price holds above $1.50 and RSI resets below 70, retest of $1.657 (24h high) is possible.
Break above $1.657 could target $1.75 (next resistance).
Bearish Scenario:
Profit-taking near RSI 80 may trigger a drop to $1.40 (psychological support) or $1.245 (24h low).
High volatility could amplify swings.
Actionable Insights
- Traders:
Consider partial profits near $1.65 if RSI remains elevated. Watch for volume contraction as a sign of weakening momentum.
- Investors:
Wait for a pullback to $1.30–$1.40 for better risk/reward entries.
Expect high volatility with a bias toward short-term consolidation/correction after the recent surge. Monitor RSI and volume closely for reversal signals.
