Bullish vs. Bearish Analysis for ETH/USDT

Bullish Signs (Potential Uptrend)

✅ RSI at 25.97 – This is in the oversold zone, which may indicate a potential reversal or bounce.

✅ Support at 2,037-2,034 – If ETH holds above this level, it could see a rebound.

✅ Potential Breakout above 2,047-2,060 – If price moves past the EMA (7) and EMA (25), it could trigger buying pressure.

✅ Increasing Buy Volume Needed – Watch for green volume bars rising, indicating buyers stepping in.

Bullish Entry Signal:

If ETH closes above 2,047 with volume confirmation.

RSI moving above 30-40 can confirm bullish momentum.

Target 2,060-2,097 (short-term resistance levels).

Bearish Signs (Downtrend Risks)

❌ Price below EMA (7), EMA (25), and EMA (99) – This shows the trend is still bearish.

❌ Lower Highs, Lower Lows – The recent downtrend suggests continued selling pressure.

❌ Break Below 2,037 – If ETH falls below this level, it could drop to 2,030 or lower.

❌ Low Buying Volume – If buyers don’t step in, the downtrend may continue.

Bearish Entry Signal:

If ETH fails to break 2,047 and drops below 2,037.

RSI stays below 30, confirming continued bearish momentum.

Target 2,030-2,020 (next key support).

Conclusion:

If ETH stays above 2,037 and RSI recovers → Bullish bounce possible.

If ETH breaks below 2,037 with strong selling → Bearish continuation likely.