🔮 Ethereum Price Outlook – What’s Next for ETH? ETH is holding above the key $2,488 MA60 support level, with a current price of $2,490.60 and a 24h gain of +0.67%. Recent volatility shows strong buyer interest around the $2,490 mark, with large orders stacking at this level.
📈 If bulls maintain momentum, we could see a test of the $2,548 resistance zone (24h high). However, a break below $2,488 might trigger a retest of the $2,465 support range.
🚨 Watch the bid-ask spread closely—whales may be positioning for the next big move.
Bitcoin holds strong at $104,220 (+0.39%), showing a short-term bullish trend as it trades just above the MA60 ($104,177). With resistance at $105,550 and support near $103,615, price is consolidating after a volatile spike.
🔍 Watch closely for a confirmed breakout or pullback. 🎯 Key Levels: Support – $104,000 / $103,615 Resistance – $105,550
BTC continues to show dynamic price action in the spot market, providing opportunities for both short-term and long-term traders. Recent analysis shows:
🔹 Support Level: Holding strong near $65,000 – buyers consistently enter at this zone. 🔹 Resistance Level: Facing selling pressure around $69,500 – a breakout above this could signal strong upward momentum. 🔹 Trend: Bullish short-term trend with higher lows forming on the 4H chart. 🔹 Volume: Increasing buy volume suggests accumulation by retail and institutional traders. 🔹 Indicators:
RSI hovering near 60: still room to grow before entering overbought zone. MACD showing a bullish crossover on the 1D chart. Moving Averages (50 MA > 200 MA): Confirming a bullish bias. 💡 Trading Strategy Tips: ✅ Look for entries near the support zone with tight stop-losses. ✅ Watch for breakout candles with volume above resistance to ride upward moves. ✅ Use trailing stops to lock in profits on green swings.
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