$BTC 📊 Weekly Analysis ETH/USDT 🚀

Ethereum is in a phase of sideways consolidation after a 41% rally in May. While U.S. stock indices approach all-time highs and Bitcoin continues its ascent, $ETH may be gearing up for another bullish move.

🔹 Support: $2,300

🔹 Resistance: $2,850

📈 Relevant technical indicators:

✅ Weekly RSI breaking upward

✅ MACD in bullish crossover

✅ Price above the 200-week moving average

✅ Stochastic RSI showing positive momentum

✅ Flows into the ETFs of $ETH are increasing

✅ Money supply (M2) continues to expand

💡 If this setup holds, a move towards $4,000 in the next 4–6 weeks would not be surprising.

#ETH #BullishMomentum #ALT

Source: Ash Crypto via Telegram

📌 Disclaimer: This post is for educational and informational purposes only and should not be interpreted as financial advice. Do your own research (DYOR) before making investment decisions.