📊 Current Key Technical Indicators
1. Current Price: $ETH
- $2,740 - $2,759 (an increase of 5.66% from the last session).
- Daily Range: Between $2,589 - $2,760.
2. Technical Signals:
- "Strong Buy" with 17 buy signals against 0 sell signals.
- Moving Averages: All are bullish (EMA 10/20/50/100/200) supporting positive momentum.
- Key Indicators:
- RSI (14): 79.07 (Overbought) - Indicates the possibility of a short-term correction.
- MACD: 31.67 (Buy Signal) - Confirmation of continued rise.
- Stochastic RSI: 100 (Overbought) - Requires caution.
3. Volume and Market Value:
- Market Capitalization: $327.71 billion.
- Daily Volume: ~17.98 billion dollars (slight decrease from yesterday).
---
🔮 Predictions for Today and the Coming Days
1. Bullish Scenario (60% probability):
- Activation Conditions: Break above $2,760 with high trading volume.
- Targets: $2,800 → $2,872 → $2,950 (especially with any positive news regarding ETF).
- Drivers: Recovery of the RSI index from the peak, and influx of buying liquidity.
2. Bearish Scenario (40% probability):
- Activation Conditions: Break above $2,495 with a daily close.
- Targets: $2,395 → $2,200.
- Risks: Delay in SEC approval for ETF or weakness in DeFi liquidity.
---
🛡️ Strategic Trading Recommendations
- Short-Term Traders:
- Buy above $2,720 with a stop loss at $2,650 (targeting $2,800).
- Real-time monitoring of trading volume at resistance $2,760.
- Long-Term Investors:
- Buy on correction towards $2,470 - $2,500 (strong technical support).
- Avoid entering large positions before SEC news.
> Note: Current volatility (5.14%) requires strict risk management, especially with overbought indicators.
---
Summary
Ethereum maintains strong upward momentum supported by positive technical indicators, but faces critical resistance at $2,760. A bullish breakout could open the door for a new wave, while a failure could lead to a correction towards $2,470. It is advisable to closely monitor SEC news and trading volume throughout the day.$ETH
