Latest analysis of the Ethereum currency
Follow us and share your opinion
#ETH
Here is an accurate analysis of currency #الإيثريوم
Support 3370 is under test
Technical Direction: Selling pressure below 3450
Ethereum is trading at 3408 after the last candle closed, with sellers dominating in the short term. Breaking the 3450 level will lose the price momentum, and the actual support is at 3370 - 3350. Any break below 3350 could push the price towards 3280. Conversely, nearby resistance is at 3480, then 3530 as an upward target in case of a rebound.
The Bigger Picture: Hidden accumulation balances the correction
Despite the decline, data shows accumulation from 12 major companies of nearly one million Ethereum, indicating increasing institutional confidence. This upward flow of quantitative demand balances surface selling pressure and suggests that the correction may be a buying opportunity.
Inevitability: Short volatility, and the rise is strategically stronger
The decline is currently dominant, but the rise has deeper foundations. Maintaining 3370 is key. If it holds, a rebound towards 3500 is likely. If it breaks, the pullback targets 3280.
Follow us and share your thoughts
#Ethereum
$ETH
#solana
$SOL
#XLMUSDT
$BNB
Here is an accurate analysis of currency #الإيثريوم
Support 3370 is under test
Technical Direction: Selling pressure below 3450
Ethereum is trading at 3408 after the last candle closed, with sellers dominating in the short term. Breaking the 3450 level will lose the price momentum, and the actual support is at 3370 - 3350. Any break below 3350 could push the price towards 3280. Conversely, nearby resistance is at 3480, then 3530 as an upward target in case of a rebound.
The Bigger Picture: Hidden accumulation balances the correction
Despite the decline, data shows accumulation from 12 major companies of nearly one million Ethereum, indicating increasing institutional confidence. This upward flow of quantitative demand balances surface selling pressure and suggests that the correction may be a buying opportunity.
Inevitability: Short volatility, and the rise is strategically stronger
The decline is currently dominant, but the rise has deeper foundations. Maintaining 3370 is key. If it holds, a rebound towards 3500 is likely. If it breaks, the pullback targets 3280.
Follow us and share your thoughts
#Ethereum
$ETH
#solana
$SOL
#XLMUSDT
$BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
4,045.83
+2.99%