$ETH
Current Price: $2,610.49
24h Change: +3.87%
24h High / Low: $2,638.50 / $2,492.00
24h Volume:
ETH: 483,198.96
USDT: 1.24B
---
๐ฏ๏ธ Candlestick Chart (1D timeframe):
The chart shows daily candlesticks.
ETH recently experienced a sharp dip and has bounced back slightly.
There is no clear breakout above resistance ($2,700โ$2,800 zone).
Support appears to be around the $2,400โ$2,500 range.
---
๐ Performance Metrics:
Today: +2.43%
7 Days: +3.09%
30 Days: +0.94%
90 Days: +33.92%
180 Days: -33.59%
1 Year: -26.71%
๐ Insight:
ETH is recovering well over the past 90 days but is still down significantly in the longer-term (6 months to 1 year).
The recent uptrend might signal a short-term bullish reversal or correction after a bearish period.
---
๐ง Analysis Summary:
Short-Term (Bullish Bias):
Positive price momentum today and in the past week.
Bounce from support around $2,500 indicates potential for retesting resistance zones.
Mid/Long-Term (Caution Needed):
Still in a broader downtrend compared to 6โ12 months ago.
A sustained move above $2,700โ$2,800 is needed to confirm bullish continuation.
---
โ Suggestions:
Short-term traders: Potential opportunity to scalp or swing trade up to resistance levels.
Long-term investors: Wait for confirmation of trend reversal before increasing exposure.
Risk management is essential due to high volatility.