$ETH $ETH

Ethereum Price Analysis (ETH/USDT) – What’s Next?

Ethereum has been grinding higher, showing strength above key resistance levels and confirming bullish momentum on both the daily and weekly charts.

Currently trading near $2600, ETH has decisively broken through its 99-day MA and is holding above all major moving averages. Momentum indicators like MACD and RSI are still showing room for continuation, especially as RSI remains elevated but not yet overbought on higher timeframes.

Key Support Zone:

$2450 – $2500: This is the ideal re-entry zone for bulls. Expect buy-side liquidity to kick in here if there's a dip. Price consolidation in this zone can create a strong base for the next move.

Short-Term Entry (Scalp/Intraday):

Above $2560 – Confirmation zone with clear stop loss just below $2500.

Target Levels:

TP1: $2680

TP2: $2760

TP3 (extended): $2850 – strong resistance with high potential rejection.

Swing Entry Setup:

Buy on dips near $2480–2500

SL: $2380

Targets: $2700, $2800

Warning Zone:

If ETH drops below $2380, trend flips short-term bearish, and deeper correction to $2200 is likely. Avoid long exposure below this level.

On-Chain Confirmation:

Large ETH inflows are cooling off after a major spike, suggesting short-term price stability. Margin long/short ratio remains bullish, and isolated margin borrowings indicate sustained interest from leverage traders.

Final Word:

ETH is in a bullish continuation pattern — use dips as entry opportunities, but protect profits as we approach $2800+. Breakout above $2850 could open doors to $3K+, but always trade with a defined risk.