#ETH RECOVERY, TOUCH $2,570+ 🕙 10:21 AM |
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✨ Current price:
• $ETH : $2,574 (+1.8%)
• $BTC : $105,900 (+0.3%)
• ETH Dominance: 9.41% (+1.22%)
• ETH/BTC: 0.02428 (+1.38%)
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1. MARKET OVERVIEW
📈 ETH surpasses EMA and H4 trendline – bullish trend remains strong
🔥 BTC slightly breaks out, providing momentum for altcoins
🟢 RSI H1-H4 recovers (55~60) → positive signal
🔄 Volume increases slightly, especially in the Asian session
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2. DAILY SCENARIO
1️⃣ Continue rising to the range of $2,650 – $2,730 if BTC holds > $106K /
Probability: 40% 🚀
2️⃣ Accumulation around $2,500 – $2,580, waiting for a strong catalyst
Probability: 45% ⏳
3️⃣ Slight correction to $2,420 – $2,450 if BTC weakens
Probability: 15% 🔻
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3. EVENTS THIS WEEK
🗓 21/05: Web3 EU Forum – Brussels
💻 22–24/05: ETH Shanghai Hackathon
📊 23/05: FOMC Fed report (impact on USD & Crypto)
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4. SUPPORT INDICATORS
📊 EMA 4H: ETH stays above all moving averages
📈 MACD H1-H4: Slight positive crossover
🟣 RSI: Bouncing off the 40 bottom, heading towards 60+
⚖️ ETH dominance bounces strongly – sign of altcoin season?
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SHORT SUMMARY
#ETH🔥🔥🔥🔥🔥🔥 is accumulating within a positive range, ready for the next surge if BTC breaks out above $106K.
The market enters a week with many events – need to observe cash flow & news.
