Pair: ETHFI/USDC

Current Price: $1.354

24h Change: +1.73%

24h High / Low: $1.387 / $1.281

Volume (ETHFI): 1.51M

Volume (USDC): 2.03M

Chart Interval: 1 Week (1W)

Exchange: Binance

Chart Analysis

๐Ÿ“‰ Downtrend Breakdown

ETHFI traded in a sharp downtrend from October 2024 through May 2025, forming a classic descending channel.

The bottom was established at $0.400, followed by consolidation and a decisive breakout through the upper trendline.

The breakout was accompanied by strong bullish weekly candles, signaling potential buyer dominance.

๐Ÿ“ˆ Current Price Action

ETHFI is trading above the channel resistance at $1.35, indicating the start of a possible bullish trend.

The recent higher lows and higher highs confirm a trend structure reversal.

Volatility remains moderate, providing room for healthy price discovery without excessive risk.

Key Levels to Watch

Price Level Type Significance

$0.400 Major Support Cycle bottom; historical low

$1.35 Breakout Level Above downtrend channel

$2.34 โ€“ $2.34 Resistance Zone Prior consolidation zone

$3.44 Mid-Term Target Horizontal resistance area

$4.54 โ€“ $5.39 Long-Term Resistance Key levels from peak decline

Fundamentals Driving Interest

Staking & Restaking Narrative: EtherFi plays a major role in the Ethereum liquid restaking narrative, leveraging EigenLayer and LSD (Liquid Staking Derivatives).

Strong Community & DeFi Ties: The project is supported by high-profile Ethereum supporters and is being integrated into broader DeFi protocols.

Increased Trading Volume: Rising daily and weekly volumes suggest returning interest from traders and investors.

Technical Indicators

Momentum: Bullish after breaking the descending channel.

Volume: Increasing steadily โ€” a positive sign of confirmation.

Weekly RSI (not shown but implied): Likely rising from oversold territory, indicating strengthening buying pressure.

Price Forecast

Short-Term (1โ€“4 weeks):

A move toward $2.34 is likely if ETHFI can sustain support above $1.30โ€“$1.35.

Retesting the breakout zone would be healthy and provide long entry opportunities.

Medium-Term (1โ€“3 months):

If the macro environment remains favorable (ETH price stable or rising), ETHFI could test the $3.44โ€“$4.54 resistance area.

Breaking $5.00 would open the door for price discovery and new highs.

Risks to Monitor

Market Sentiment Shift: ETHFIโ€™s performance is tied closely to ETHโ€™s price and restaking hype.

Volume Drop-Off: A significant decline in volume without further upside could make the breakout unsustainable.

False Breakout Risk: If ETHFI falls back below $1.20, it would invalidate the bullish structure.

Conclusion

ETHFI appears to be breaking free from a multi-month downtrend, fueled by strengthening technicals and renewed interest in the Ethereum staking ecosystem. The breakout above the descending channel signals a shift in sentiment, with price targets in the $2.30โ€“$3.40 range now back in play.

Investors should watch for continued volume growth and price stability above $1.30 to confirm the breakout's strength.

$ETHFI

#ETHFI