BinanceAlpha$1.7MReward
1. Current Price and Daily Volatility $ETH
- Current Price: ~2,499.48 USD (up +0.81%) .
- Daily Range: between 2,468.95 and 2,506.16 USD .
- Trading Volume: 391.36 thousand units, with a noticeable decrease in volume compared to previous days, which may indicate market anticipation for upcoming moves .
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2. Technical Analysis and Indicators
- Trading Signals:
- According to Elliott Wave Analysis, the price may experience a downward correction towards 1,675.83 USD, making it a potential opportunity for short-term sell trades at levels of 1,832.68 USD with a profit target at 1,675.83 USD .
- Fibonacci Levels: A pivot level is indicated at 2,696 USD. If breached, the price may target 3,318 USD (161.8% Fibonacci level) .