$ETH #ETH

Here is the current technical analysis of Ethereum (ETH)

📉 Current Situation

ETH Price: approximately $2,559.19

Short-term trend: bearish

Key support levels: $2,401.39, $2,272.98, $2,204.68

Key resistance levels: $2,598.10, $2,666.39, $2,794.80interactivecrypto.com+10Zebpay+10CoinDCX+10CoinCodex

A decline in ETH price to $2,263.05 is expected by May 25, 2025, which is approximately -11.76% from the current value. CoinCodex

🔍 Technical Indicators

Fear and Greed Index: 71 (greed)

Market sentiment: neutral

RSI and Parabolic SAR indicators: signal a possible short-term decline CoinCodex

📈 Potential Scenarios

Bullish scenario: If ETH holds above $2,250–$2,300, a recovery to $2,600–$2,700 is possible. CoinDCX

Bearish scenario: A break of support at $2,250 could lead to further decline to $2,000.

⚠️ Recommendations

For traders: Pay attention to key support and resistance levels to determine entry and exit points.

For investors: Keep an eye on news and updates in the Ethereum network that may affect the long-term outlook.