Recently, Ethereum#ETH has started to recover along with the entire crypto market! After briefly dropping to a small low of $2,177 last weekend, ETH quickly rebounded, and the recent price has returned above $2,400, currently fluctuating around $2,465.#以色列伊朗冲突

However, beware⚠️—although it has rebounded, ETH has still fallen by 2.9% in the past seven days, and over two weeks, it has also decreased by 2.4%. So what will the next trend look like? CryptoQuant and other analysts have provided some key insights👇

🔍 Key technical indicators: The battle between ETH and the 50-day EMA

CryptoQuant analyst İbrahim COŞAR stated that Ethereum is currently attempting to break through the important 50-day exponential moving average (EMA).

  • If this point is strongly broken through📈, ETH has a chance to surge to $2,800;

  • Once this position is broken again, the market could become even crazier—heading straight for $4,000!

He reminded that to confirm a true breakout, Ethereum needs to stabilize above the $2,500-$2,600 range. Historically, ETH has seen significant surges after breaking out of consolidation zones📊.

🧠 Is history repeating? ETH once flew from $2,100 to $4,000!

According to COŞAR's review, in previous market cycles, ETH had hovered between $2,100 and $2,800 for a while before suddenly surging to $4,000! If history repeats itself this time—it would truly be a pace where missing out would lead to regret😮

However, it should be noted that he also mentioned that the 50-week EMA remains a long-term resistance. If ETH wants to truly break out, it needs to be accompanied by strong daily closing prices📅.

🛑 Don’t forget: macro factors are a variable

He raised a very realistic question: Geopolitical and macroeconomic risks (such as the situation in the US and the Middle East) could disrupt the market. So, don’t easily go all in, and avoid high leverage; staying steady is the key.

😎 Optimists: ETH could rise to $8,500⁉️

Another crypto analyst, Javon Marks, is much more optimistic. He points out that ETH recently broke a long-term downtrend line, and this technical pattern has often indicated that a significant increase is on the way!

His prediction is as follows:

  • First rise by 81%, target price $4,811.71

  • If momentum continues, it could potentially surge to $8,557.68 😳

Although these predictions cannot be guaranteed, they do reflect the growing confidence among more traders in ETH's technical outlook.

📉 Current market situation: ETH is consolidating at a high level

From TradingView's 2-hour chart, ETH is currently in a consolidation phase, with bulls and bears in a standoff. The direction of the next breakout will be crucial⚔️.

✅ To summarize:

✨ ETH is attempting to break through key technical resistance
✨ If successful, it could look towards $2,800 / $4,000, or even higher
✨ However, macro risks still exist, so be cautious in your operations and avoid impulsively increasing leverage.
✨ From a technical perspective, market sentiment is turning positive.

What do you think? Is it time to increase your position? Or should we wait for a pullback before entering? Feel free to leave a comment and discuss～📬

✍️ DYOR, manage your risk well, and may you all set sail in the crypto world!🌊

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