1. Current price and time performance
- Current price: $ETH
- $2,782.16.
- Time performance:
- Weekly: +7.98%
- Monthly: +3.55%
- Yearly: -9.01% .
- Market cap: $336.80 billion .
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2. Technical analysis and indicators
📈 Overall assessment:
- Short-term bullish trend:
- Price trading above the 50-day moving average ($2,678).
- Breakout of a major resistance level at $2,675.
- Contradictory signals:
- RSI indicator above 66 (potential overbought).
- Stochastic indicates selling.
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3. Support and resistance levels
| Level | Price (USD) |
| Support 1 | 2,771.04 |
| Support 2 | 2,763.74 |
| Resistance 1| 2,782.34 |
| Resistance 2| 2,786.34 | .
🎯 Critical areas:
- Strong support: $2,490–$2,580 (defense area).
- Major resistance: $2,800–$2,900 (upside target if 2,580 is broken).
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Summary:
- Short-term trend: bullish with chances of testing $2,800.
- Optimal strategy: enter with conditional buy above $2,615 with profit taking at $2,746–$2,860.
