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Ethereum (Cryptocurrency)

Ethereum (ETH) Macro OverviewToday, I would like to share my analysis of Ethereum (ETH) on a macro time frame. Based on the current price action, I foresee a potential rally toward the $2,800–$2,900 zone, which could align with a possible market reaction during the FOMC meeting regarding rate cuts scheduled for September 17-18. Should ETH break the upper demand zone, further upward movement may be possible, though I am personally anticipating a larger market correction post this rally. A downturn towards the $2,200 range appears likely, with the potential for ETH to reach as low as $1,500 by year-end. One of the key indicators supporting this outlook is the Money Flow Index (MFI) on both the daily and weekly time frames, which has been trending downward since May. This suggests that capital has been gradually exiting ETH, which could lead to increased selling pressure. Another factor to consider is Bitcoin (BTC), which could see a significant correction from the $65,000 level. This could trigger a cascading effect, further driving down ETH prices. Given this macro setup, I plan to initiate a swing short position in ETH/USDT around the $2,800 range. In the near term, ETH could hit the $2,621 pivot level before any further developments. Disclaimer: This is not financial advice. Please conduct your own research and trade responsibly.
by utkarshx27
Ethereum Swing Long Setup - Ethereum is currently Trading at 2278$ - We have seen Ethereum underperforming post its ETF Approval - The demand for ETH has decreased a lot and now it is 50% from its recent highs - From a Fundamental and Technical Perspective Ethereum surely has a lot of upside left - It is currently Trading at a great zone where spot buyers can place bids and leave it for a quarter to yield 30-50% from here - Accumulation Zones - 1750-2200$ Divide your entries in 2 parts
Long
by VKtradesimbalance
1
Ethereum Accumulation Setup Ethereum is currently trading at 2522$ - Ethereum can easily mitigate its weekly order block to grab more liquidity - Ethereum post its ETF launch has only crashed and not at all moved higher - From 3600-2500$ ETH has got badly slaughtered - ETH over twitter has also become the most hated coin in the crypto industry - ETH/BTC and ETH works hand in hand so keep tracking that as well before you plan to take any entries in SPOT - 2000-2200$ can be a solid purchase and Spot Accumulation Zone for ETH so watch out - I have drawn 2 paths and both them shows ETH will grab more liquidity from beneath
Short
by VKtradesimbalance
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii
ETH/USD Ready to Break $4000? Key Levels to WatchEthereum (ETH) is gearing up for a significant move, but first, it needs to overcome the substantial liquidity wall at $3700. This level poses a critical resistance that must be cleared before we can set sights on the $4000 mark. If ETH can break through $3700 with strong volume, the path to $4000 becomes much more attainable. However, there's a possibility of a pullback to form a double bottom before making a decisive breakout.
BINANCE:ETHUSD.P
by crypto_vulture_signals
Etherem ready for Big Pump ?#Ethereum Chart Analysis #ETHUSDT is currently trading within a bull flag/parallel channel. We're waiting for a breakout before entering any trades. - Bearish Scenario: If CRYPTOCAP:ETH breaks down below the support level at $3650, we might see a decline toward $3152, which is the last Fair Value Gap (FVG). - Bullish Scenario: If #ETH holds the $3152 level, we could see an upside move toward $4000. A break above $4000 resistance could trigger a strong bullish move toward the $6000-$7000 range. Let's watch closely and stay updated on the price action.
by CryptoPatel
1