$ETH
🔍 Technical & Fundamental Analysis
📈 Short-Term Momentum (24–48 h)
Strong bullish trend: Price is well above key EMAs (7, 25, 99) with MACD still positive, though slightly flattening .
Overbought risk: RSI sits over 70—signals potential pullback or consolidation .
Key levels:
Support: ~$2,667 (EMA7), ~$2,545 (EMA25)
Resistance: ~$2,834–2,850 (recent highs) .
📊 Medium-Term Outlook (1–4 weeks)
Bullish potential: If price sustains above EMA7/25, targets could reach $3,000–$3,200 .
Downside risk: Break below EMA25 (~$2,545) may lead to $2,300–$2,400 region .
Institutional driver: BlackRock’s heavy ETH accumulation ahead of a possible spot ETH ETF could fuel a breakout past $2,800–3,000 .
🕰️ Longer-Term Forecast (3–12 months)
Bull case: If spot ETF inflows arrive and institutional momentum holds, price could reach $3,200–$3,500 by Q3 2025, and possibly $5,000+ by end of 2025 .
Bear case: Weak macro environment, regulatory headwinds, or failure to break key resistance could drag ETH to $2,300 or lower
🎯 Sample Trade Plan
Scenario Entry Targets Stop Loss
Buy the dip $2,645–2,670 with RSI cooling $2,834 → $2,900 → $3,000 $2,640
Breakout buy Close above $2,834 with volume $2,900 → $3,200 ~$2,780
Aggressive long If ETF approval confirmed $3,200–3,500 (Q3 estimate) Below $2,300
Short/reject Rejection at $2,834+ & RSI>72 $2,667 → $2,545 support ~$2,860
⚠️ Risks & Caveats
1. Crypto volatility is extremely high—sudden swings aren’t uncommon
2. Overbought conditions: RSI above 70 increases pullback risks
3. Macro & regulatory factors: Interest rates, inflation, SEC stance, scalability issues can trigger sharp reversals
✅ Summary View
Short-term: Bullish trend but overbought—watch $2,834–2,850; dips may offer entries.
Mid-term: Break above $2,800–2,850 could lead to $3,200+. Failure may result in deeper corrective moves to $2,500–2,400
🛡️ Disclaimer
This analysis is for informational purposes only and does not constitute financial or investment advice.