Pair: ETHFI/USDC

Current Price: $1.354

24h Change: +1.73%

24h High / Low: $1.387 / $1.281

Volume (ETHFI): 1.51M

Volume (USDC): 2.03M

Chart Interval: 1 Week (1W)

Exchange: Binance

Chart Analysis

📉 Downtrend Breakdown

ETHFI traded in a sharp downtrend from October 2024 through May 2025, forming a classic descending channel.

The bottom was established at $0.400, followed by consolidation and a decisive breakout through the upper trendline.

The breakout was accompanied by strong bullish weekly candles, signaling potential buyer dominance.

📈 Current Price Action

ETHFI is trading above the channel resistance at $1.35, indicating the start of a possible bullish trend.

The recent higher lows and higher highs confirm a trend structure reversal.

Volatility remains moderate, providing room for healthy price discovery without excessive risk.

Key Levels to Watch

Price Level Type Significance

$0.400 Major Support Cycle bottom; historical low

$1.35 Breakout Level Above downtrend channel

$2.34 – $2.34 Resistance Zone Prior consolidation zone

$3.44 Mid-Term Target Horizontal resistance area

$4.54 – $5.39 Long-Term Resistance Key levels from peak decline

Fundamentals Driving Interest

Staking & Restaking Narrative: EtherFi plays a major role in the Ethereum liquid restaking narrative, leveraging EigenLayer and LSD (Liquid Staking Derivatives).

Strong Community & DeFi Ties: The project is supported by high-profile Ethereum supporters and is being integrated into broader DeFi protocols.

Increased Trading Volume: Rising daily and weekly volumes suggest returning interest from traders and investors.

Technical Indicators

Momentum: Bullish after breaking the descending channel.

Volume: Increasing steadily — a positive sign of confirmation.

Weekly RSI (not shown but implied): Likely rising from oversold territory, indicating strengthening buying pressure.

Price Forecast

Short-Term (1–4 weeks):

A move toward $2.34 is likely if ETHFI can sustain support above $1.30–$1.35.

Retesting the breakout zone would be healthy and provide long entry opportunities.

Medium-Term (1–3 months):

If the macro environment remains favorable (ETH price stable or rising), ETHFI could test the $3.44–$4.54 resistance area.

Breaking $5.00 would open the door for price discovery and new highs.

Risks to Monitor

Market Sentiment Shift: ETHFI’s performance is tied closely to ETH’s price and restaking hype.

Volume Drop-Off: A significant decline in volume without further upside could make the breakout unsustainable.

False Breakout Risk: If ETHFI falls back below $1.20, it would invalidate the bullish structure.

Conclusion

ETHFI appears to be breaking free from a multi-month downtrend, fueled by strengthening technicals and renewed interest in the Ethereum staking ecosystem. The breakout above the descending channel signals a shift in sentiment, with price targets in the $2.30–$3.40 range now back in play.

Investors should watch for continued volume growth and price stability above $1.30 to confirm the breakout's strength.

$ETHFI

#ETHFI