#CryptoComeback #Eth
ETH has made a strong comeback today - 10/5/2025
- Current price: ~2,100 - 2,339 USD, up 7.9% - 20% in 24 hours.
- Market cap: ~250 - 280 billion USD. Trading volume: 15.3 - 25 billion USD.
- Main news:
The Pectra upgrade (7/5/2025) increases the staking limit, improves the wallet, and reduces fees, driving ETH price up significantly.
- ETF cash flow increases, institutions are buying strongly with positive market sentiment.
- Price trend:
- Broke resistance at 2,000 USD, currently testing 2,250 - 2,500 USD. Support: 1,800 - 2,000 USD.
- RSI ~66.69 - 69.71, upward trend but close to overbought, may adjust if it does not surpass 2,500 USD.
- Forecast: Could reach 2,820 - 3,000 USD if the upward momentum is maintained, or drop to 1,688 USD if it fails.
- Recommendation: Monitor 2,250 USD (resistance) and 2,000 USD (support). Consider accumulating at the correction level, manage risk due to high volatility.