Ethereum (ETH) Outlook: Short-Term & Mid-Term

Short-Term:

ETH remains in a downtrend, making lower highs and lows. Price is below key moving averages with RSI near oversold, suggesting a possible technical bounce. Key support levels are at $1,820 and $1,800. A drop below this zone could lead to $1,750–$1,700. On the upside, resistance sits at $1,880–$1,900, then $2,000. Derivatives sentiment is neutral, showing low conviction. A reclaim of $1,880+ would hint at a trend reversal.

Mid-Term :

ETH has underperformed, and the ETH/BTC ratio is near cycle lows. A bullish shift needs a break above $2,000. Otherwise, momentum stays weak, with risk down to $1,600–$1,700. On-chain signals are positive — low exchange supply and high staking suggest reduced sell pressure. Macro risks remain (e.g. equities volatility), but ETF speculation and ETH network upgrades could provide support.

Short-term bounce possible if $1,800 holds. Mid-term remains neutral-to-bearish unless ETH breaks and holds above $1,900–$2,000.