$ETH

🔍 Technical Overview

Relative Strength Index (RSI): .

MACD: .

ADX: .

Resistance Levels: .

Support Levels: .

📉 Market Sentiment & Risks

The market sentiment for ETH is currently bearish, with a Fear & Greed Index score of 47, indicating neutrality . Notably, Ethereum's Total Value Locked (TVL) has dropped 43% since December, signaling waning user trust and declining DeFi engagement . Additionally, if ETH's price dips below the $1,200 support level, it could trigger liquidations amounting to $342 million .

📈 Short-Term Outlook

Despite recent gains, Ethereum's medium-term trend remains bearish, with a 13.39% decline over the past month and a 43.97% drop over the past year . However, some analysts predict a potential rise to $2,015.65 by April 28, 2025, representing a 12.32% increase from current levels . This optimism is partly due to a decline in CME short positions, which previously exerted downward pressure on ETH's price .

📊 Long-Term Projections

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✅ Conclusion

If you need further insights or have specific questions about Ethereum's performance, feel free to ask!