🟡 ETH is lurking: the market is waiting, but the bulls are already gathering
📊 Current price of Ethereum — ~$1,640
After the March pullback, ETH is moving in a narrow range as if it is gathering energy:
• RSI ~51 — neutral
• A bullish MACD is forming
• Price is above MA50, but still below MA200
🔍 On-chain is stable:
— Over 27 million ETH in staking
— Layer-2 (Arbitrum, Optimism) are offloading the network
— EIP-4844 (Proto-Danksharding) is coming
⚖️ Sentiment:
• Open Interest is rising
• Funding — neutral
• Fear & Greed Index — 52
• ETH is holding above $1,580 — key support zone
📈 Scenarios:
— 📈 Rise to $1,800–1,900: 60%
— ⏸ Sideways ($1,580–1,680): 30%
— 📉 Drop below $1,550: 10%
📌 For traders: a breakout above $1,680 may be an entry for long. For others — hold above $1,580 and do not rush.
Subscribe — we will track the moment when ETH goes up 🟡
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