🔥Weekly Analysis ETH/USDT 🔥

#Ethereum is currently in a sideways consolidation phase after a strong 41% rally in May.

📉 Support: $ 2,300

📈 Resistance: $ 2,850

With U.S. stocks near all-time highs and #bitcoin heading towards new records, risk assets like #ETH and #altcoins could see strong momentum.

🔸Bullish Indicators:

✅ Weekly RSI breakout

✅ MACD Bullish Crossover

✅ Price having a MA of more than 200 weeks

✅ Stochastic RSI showing upward momentum

✅ Continued inflows into ETH #ETF

✅ M2 Money supply continues to expand

Given these technical and macro signals, it wouldn't surprise us to see ETH reach $ 4,000 in the next 4–6 weeks.

Source: AshCrypto