$ETH Brief analysis and forecast for Ethereum (ETH/USDT) for today, considering the recent movements of BTC (since ETH often mimics its structure) + classic technical signals:
📉 ETH mimics the bearish dynamics of BTC.
Key support zone: $2,700–2,750
Strong resistance: $2,850–2,900
Technically, ETH is trading below the 25- and 99-period MAs (on 15min–1hour timeframes), indicating short-term weakness.
🔍 Key technical signals:
RSI: If RSI is below 30–35 → ETH is in the oversold zone, a local bounce is possible.
Trading volumes: Decrease — weakness of buyers.
Crossover: MA(7) < MA(25) — continuation of decline until a reversal appears.
🔮 Forecast for the day:
📉 Base scenario (60%):
ETH may slide to $2,720–2,750, especially if BTC breaks $102,000.
Strategy: short on retests, take: $2,720, stop: $2,870.
🔁 Sideways scenario (30%):
Flat in the range of $2,760–2,850.
Possible consolidation before the weekend.
📈 Bounce (10%):
Local bounce to $2,900 only in case of news/reversal of BTC or active buying. Strategy — quick scalp longs.
✅ Recommendations:
Do not long at the bottom without confirmation (volume + reversal).
Work from support levels.
Consider S&P500/macroeconomic factors — they are also currently pressuring crypto.