Ethereum shows signs of recovery after bouncing from key levels. I explain the most relevant points of the market.
📊 Market Summary
• 📍 Current price: US$ 2,529
• 🔼 Intraday high: US$ 2,541
• 🔽 Intraday low: US$ 2,472 
• 💰 Daily volume: ~US$ 19.6 B
📈 Supports and Resistances
• Strong support: US$ 2,484 (first level) — then US$ 2,438 and 2,407
• Immediate resistance: US$ 2,561 (level 1) ➝ US$ 2,592–2,638 above
• Key medium-term level: US$ 2,750–2,788 — partially broken after technical rebound 
🔍 Trend and Indicators
• Neutral technical rating: oscillators and moving averages reflect neutrality, without defined signals 
• Price action plot: consolidation after bouncing from US$ 2,440–2,480 with bullish intention 
• Ascending triangle pattern observed: breaking US$ 2,520–2,530 with volume could trigger upward movement 
📈 Scenarios
✅ Bullish
• If ETH clearly breaks above US$ 2,561–2,592 with volume, there is potential upside towards US$ 2,750–2,788, then US$ 3,000 and beyond.
• The structure reveals a possible “cup-and-handle” towards US$ 2,750–3,000 after surpassing US$ 2,750 .
❌ Bearish
• A drop below US$ 2,484 could pave the way towards US$ 2,440–2,407.
• If it breaks these supports, it could extend to US$ 2,200–2,300, weekly base zone.
🧠 PRO Advice
• Scalpers: trade within the range US$ 2,500–2,561; strategic stop-loss below US$ 2,480.
• Swing traders: wait for confirmation of a break above US$ 2,592–2,600, ideally with increasing volume, to position towards US$ 2,750+.
📰 Ecosystem Context
• Ethereum strengthens due to its role in stablecoins (USDC and USDT), backed by new regulations and institutional adoption (BlackRock, Fidelity) .
• The recent upgrade of the “Pectra” network has improved speed and reduced costs
📌 Do you see a real breakout or do you expect the range to hold for longer?
📣 Comment your strategy or share your technical vision here 👇
#Ethereum #CryptoAnalysis #BinanceSquare
