### Latest Technical Analysis of Ethereum (ETH) - May 28, 2025

#### **1. Current Price and Recent Performance**

- **Current Price**: $2,638.1, down by -0.54% in the last 24 hours.

- **Time Performance**:

- **Weekly**: Up by +4.83%.

- **Monthly**: Up by +47.76%.

- **Annually**: Down by -32.19%.

#### **2. Short-term Technical Analysis**

- **Current Trend**: Ethereum is fluctuating around the $2,600 level, with repeated tests of resistance at $2,585 and support at $2,400.

- **Technical Indicators**:

- **Oscillators (RSI)**: Indicate a temporary overbought condition, which may lead to a correction before resuming upward movement.

- **Moving Averages**: The price is trading above the 50-day moving average, supporting the medium-term upward trend.

#### **3. Support and Resistance Levels**

- **Main Support**:

- $2,400 (strong demand zone, with a previous rebound from it).

- $2,200 (medium support).

- **Main Resistance**:

- $2,730 (previous local high).

- $2,800–$2,850 (Fibonacci confluence area and unrefined liquidity points).

#### **4. Potential Scenarios**

- **Bullish**:

- A breakout above $2,730 could pave the way towards $3,000–$3,100, especially with positive momentum indicators supporting it.

- **Bearish**:

- Breaking below $2,400 could lead to a drop towards $2,200 or even $1,900.

#### **5. Influencing Factors**

- **Fundamental Factors**:

- The impact of approval for ETH ETF funds in the long term, despite limited short-term reaction.

- U.S. Federal policies and crypto market volatility.

- **Market Sentiment**:

- The dominance of "neutral" sentiment currently, with traders focusing on testing technical levels.

#### **Trading Recommendations**

- **Buy**: When the price rebounds from $2,400 with confirmation of buy signals (such as RSI rising from oversold regions).

- **Stop Loss**: Set Stop Loss below $2,350 for short-term trades.

- **Take Profit**: At levels of $2,700–$2,800 to take advantage of historical resistance areas.

### Conclusion

Ethereum shows sharp volatility with the market focusing on levels of $2,400–$2,730. It is advised to monitor momentum indicators and industry news for data-supported decision-making. Always manage risk by setting stop-loss points and avoiding random trading $$$$