Here are the latest prices for Ethereum (ETH):
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Trading Signals: Buy or Short?
1. Summary from Bitget (TradingView-style):
Overall Signal: Buy (for daily timeframe)
Technical Indicators:
Moving Averages: 12 Buy, 1 Sell, 2 Neutral → Strong in the buying direction
Oscillators: 3 Buy, 3 Sell, 4 Neutral → Mixed signals
For example: RSI(14) oversold (~74.7 → sell), but MACD buy, ADX buy, and other indicators support Buy.
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2. Support & Resistance – OpenMarketCap Insight:
Support:
$3,200 (previously resistance, now strong support)
$2,850–$2,930 (other important support zone)
Resistance:
$3,700
$4,000 and $4,800 as major bullish thresholds.
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3. Fundamentals & Momentum:
MarketWatch shows an increase of +41% in 1 month and +59.3% in the last 3 months. BTC also remains bullish. There is optimism that ETH could break its record (~$4,865), with the next major resistance at $4,100. Supporting factors: stablecoin regulations, ETFs, and ETH's role in DeFi & tokenization.
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Strategy: Buy or Short?
Scenario Recommendation
** Buy (buy)** When ETH holds above $4,600 and breaks through resistance of $4,100–$4,800, bullish momentum could be strong. Support zone between $3,200–$3,700 also becomes an interesting entry area.
** Short (sell)** If rejection occurs near $4,800, or oscillator indicators like RSI indicate overbought conditions, consider shorting with a target drop to support $3,700–$3,200.
** Wait for confirmation** With mixed signals (oscillators mixed, RSI approaching overbought), the strategy of waiting for a breakout or pullback to major support levels (such as $3,700) with a confirmation pattern is a safe approach.