📊 Ethereum Weekly Outlook (23–29 June 2025)
ETH traded sideways this week, ranging from $2,388 – $2,449, closing around $2,425.
🔍 Technical Overview:
– Trend: Sideways
– RSI (4H): ~50.6 (Neutral)
– Support: $2,388 / $2,300
– Resistance: $2,450–2,480
– Volume: Declining
– Bollinger Bands: Squeeze forming on 4H chart
🧠 Observations:
– BB squeeze = potential volatility breakout
– ETH is hovering between MA7 and MA25
– Weekly structure shows consolidation near key support
📌 Outlook (1–6 July):
– Bullish breakout above $2,450 → target $2,520–2,550
– Bearish breakdown below $2,388 → watch $2,300
– Wait for breakout confirmation before entering futures position
📈 Strategy Suggestion:
Spot DCA favorable. Futures Long only with breakout confirmation + tight SL.
