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Ethereum: Momentum Fueled by Growth and AdoptionEthereum: Momentum Fueled by Growth and Adoption Ethereum (ETH) continued its upward trend over the past week, closely following Bitcoin’s rally. The second-largest cryptocurrency by market capitalization is benefiting from a range of factors that reinforce its position as a leader in the blockchain space. With strong fundamentals, expanding use cases, and favorable seasonal trends, ETH’s price growth appears poised to continue. Adoption and Network Usage The growing adoption of Ethereum for a wide range of applications—ranging from decentralized finance (DeFi) to enterprise solutions—is a key driver of its rising value. Ethereum’s robust and versatile network continues to attract developers, businesses, and users, solidifying its role as the backbone of the blockchain ecosystem. The Rise of DeFi and NFTs The expansion of decentralized finance (DeFi) platforms, which leverage Ethereum’s smart contract capabilities, has created new opportunities for decentralized lending, borrowing, and trading. Simultaneously, the ongoing popularity of non-fungible tokens (NFTs) keeps Ethereum at the forefront of digital ownership and creative innovation. Network Upgrades and Transaction Fee Burning Technological improvements, such as Ethereum’s transition to proof-of-stake through the Merge, enhance network efficiency and sustainability. Additionally, the implementation of EIP-1559 introduced the burning of transaction fees, effectively reducing the supply of ETH and creating deflationary pressure, which can drive long-term price appreciation. Institutional Investment and Ethereum ETFs Institutional investors are increasingly entering the Ethereum market, driven by its utility and growth potential. One of the major catalysts has been the launch and increasing inflows into Ethereum-based ETFs, which provide a regulated and convenient way for institutional and retail investors to gain exposure to ETH. These inflows not only validate Ethereum’s role as a leading crypto asset but also contribute directly to its demand and price growth. Seasonality and Market Momentum Historically, the second half of December has often been a favorable period for cryptocurrency markets, including Ethereum. Factors such as increased trading activity, end-of-year portfolio adjustments, and overall market sentiment have historically supported upward trends during this time. Ethereum seems well-positioned to benefit from this seasonal tailwind, potentially pushing its price toward new highs. Competition and Ecosystem Growth Ethereum faces competition from other blockchain platforms, but its first-mover advantage, coupled with continuous innovation, helps it maintain a dominant position. The ecosystem of ERC-20 tokens—built on the Ethereum network—further strengthens its utility and value proposition. Market Sentiment and Macroeconomic Factors Positive market sentiment and media coverage contribute to Ethereum’s momentum. Broader macroeconomic factors, such as inflation and economic uncertainty, are also driving investors to explore alternatives like Ethereum as a hedge and growth asset. Infrastructure and Partnerships The continued development of infrastructure, including wallets, exchanges, and DeFi tools, makes Ethereum more accessible to users and investors. Strategic partnerships and collaborations within the blockchain space are also expanding Ethereum’s reach and utility. Conclusion Ethereum’s price growth is underpinned by a combination of strong network fundamentals, expanding use cases, increasing ETF inflows, and favorable seasonality. From DeFi and NFTs to network upgrades and institutional interest, Ethereum is positioned to continue its upward trajectory as we move into the traditionally bullish second half of December. Will Ethereum leverage these advantages to reach new price milestones? Share your views and insights in the comments!
Long
by InvestMate
Ethereum’s Plow and the Lambo DreamHowdy, folks! Oink, oink, Porky here! Let’s not kid ourselves: in a bull market, everyone’s a genius—even Porky. The fields look greener, the skies brighter, and even a blind pig might dig up a truffle. Thus, back in the mud with a new idea for when Bitcoin slows down and everyone and their pigs are beginning to sniff out the “next Bitcoin.” Porky thinks Ethereum might be the one to hog the limelight of all the nonsense this time, fueled by all that crowding and chatter. Ethereum is a magical tractor powered by “gas” that plows a never-ending digital field. Expensive gas, mind you, but that’s how this tractor works! While some farmers are already dreaming about USD 5,000 ETH prices, Porky’s a down-to-earth pig. He prefers mud baths over moon shots, and the only Lambo he wants has a plow on it. Porky’s happy nibbling a small chunk of the action, so here’s his day-trading idea: 🐷 The Plan Entry Price: 3,366 Stop Loss: 3,285 Target: 3,499 (+4.1%) The Chart Story: Porky’s chart has blue lines marking pivots from Ethereum’s climb earlier this year, from USD 1,860 to 4,090 (January–March 2024). Orange lines show bottoms from the consolidation that followed, all the way to September. Now, let’s talk about that purple dotted line at 3,330. It is not only a handsome number, but a key level that was formed around the epic November 2021 rally, when ETH topped at nearly USD 4,900. Porky reckons if price clears 3,330 from below, it’s a sign of strength—like a piglet pushing through to the trough! But there’s one more hurdle at 3,350. Porky doesn’t like it; it’s like a patch of stubborn weeds. He wants it cleared before hopping on the ride. Once that’s done, he sees a smooth road to his final destination at 3,499. A safe (looking) ride just the way Porky likes it. 🐽 Final Thoughts Porky’s not greedy, and he’s certainly no financial advisor. He’s just a humble pig farming pips and dreaming of tractors, not yachts. So, keep your hoof on the ground and trade wisely, y’all! Snorts and cheers, Porky 🐷
KRAKEN:ETHUSDLong
by FarmerPorky
Ethereum Targets $4000 After Testing $3500 Resistance📊 Ethereum has successfully held the daily support at $3264 and is now testing the $3500 resistance level. A daily close above this resistance would indicate further bullish momentum, with the next key target being $4000. 🔑 Key Levels to Watch: 👉🏼 Support: $3264 (Critical support zone, confirming buyers' strength). 👉🏼 Resistance: $3500 (Current resistance level; a daily close above it could trigger the next rally). ✅ Scenario: 🟢 Bullish Continuation: A daily candle close above $3500 could lead to a push towards $4000. ⚠️ Failing to close above $3500 might result in a retracement back to $3264.
by MonoCoinSignal
ETHUSD - Bullish BreakoutWe analysed ETHUSD few days back and it was highlighting a Bullish move. After some consolidation, upside momentum seems to have been resumed. Above levels are the targets where price may react. Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Long
by MarketsPOV
#ETH turns from weak to strong?📊#ETH turns from weak to strong❓ 🧠We rebounded after stabilizing in the first overlapping support area, which shows that the support here is very effective and it is difficult to fall. Compared with other coins, ETH's previous performance is really too weak, so it is gradually turning strong. ➡️The limit order at the first support level was cancelled last night because BTC has not reached the support area I want to pay attention to, so there is still a possibility of further correction. 👀At present, I still need to observe further developments. If we can break through the previous high and then build a short structure and fall down, then we can participate in new long transactions in the new overlapping support area. Be more patient☕️ 🤜If you like my analysis, please like💖 and share💬 BITGET:ETHUSDT.P
Long
by wolf_king888
#ETH 4H: Support at $3K – Rally to $6K? 11/27/25I expect a corrective pullback to the support level. On spot and futures, I plan to accumulate around $3,000. Based on my analysis, this price zone offers a solid entry opportunity. Since Bitcoin (BTC) influences the entire cryptocurrency market, Ethereum’s forecast depends on Bitcoin's performance. If Bitcoin rises, other cryptocurrencies are likely to follow, and vice versa. In my view, Ethereum will show strong performance and begin to rise in December. A reminder: important news is expected on Wednesday, which could trigger significant price volatility in the crypto market. Setup is on the chart! For beginners: use a stop-loss! I personally plan to open a swing position as follows: Entry (EP): $3,000 - $2,800 Take Profit (TP): $4,000 - $6,000 Stop-Loss (SL): $2,500 DYOR.
Long
by trendbooster
Phemex Analysis #38: How to Capitalize on ETH's Bull Run!As Bitcoin's recent price surge has begun to falter, with negative inflows into Bitcoin ETFs over the past two days, a shift in investor sentiment towards Ethereum has emerged. Positive inflows into Ethereum ETFs suggest that smart money is increasingly turning its attention to the world's second-largest cryptocurrency. This phenomenon aligns with historical trends where Ethereum often follows Bitcoin's lead during bull markets. How to Enter the Ethereum Market For those who believe in Ethereum's long-term potential, here are a few strategies to consider: 1. Buy the Dip: Initial Support: $3255 Strong Support: $3030 If the price dips to these support levels, it could present a good opportunity to buy ETH at discounted price. 2. Buy the Breakout: Resistance Level: $3550. If Ethereum breaks above this resistance level, it could signal a significant upward move. 3. Dollar-Cost Averaging: A more conservative approach involves buying Ethereum gradually over time, regardless of short-term price fluctuations. Maximizing Your Ethereum Holdings For those already holding Ethereum, consider these strategies to potentially amplify your returns: 1. Long Position on ETH/BTC: By utilize ETH as margin & going Long on ETH/BTC, you can leverage Ethereum's potential to outperform Bitcoin. This strategy allows you to profit from both the absolute price increase of Ethereum and its relative strength against Bitcoin. 2. Grid Trading: Likewise, by using ETH as margin & utilize Phemex's Grid Trading bot. You can capitalize on small price fluctuations and generate consistent profits, through automatically buying low and selling high, even in sideways markets. Conclusion As Ethereum continues to demonstrate its strength and potential, it presents a compelling investment opportunity. By carefully analyzing market trends, understanding key support & resistance levels, and implementing effective trading strategies & advance tools, investors can position themselves to capitalize on Ethereum's bullish momentum. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Long
by Phemex
Need to check the movement in the 3252.0-3462.49 box section Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) The 3265.0-3321.30 section is an important support and resistance section. Therefore, since the HA-High indicator is showing signs of being created at the 3317.73 point, the key is whether it can receive support and rise near this section. If it falls below 3243.80, 1st: MS-Signal (M-Signal on 1D chart) 2nd: 2895.47 You need to check whether there is support near the 1st and 2nd above. - If the HA-High indicator is newly created, the box section is also newly formed, so you need to check the appearance after the HA-High indicator is created. In addition, since the BW(100) indicator was created at the 3414.49 point, the 3414.49-3438.16 section is likely to act as a resistance section. - You need to check the position when the StochRSI indicator falls to the overbought section and switches to a state where StochRSI < StochRSI EMA. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
ETHUSDT: Just One Step Away To $3800...Currently, I see the ETH/USDT pair showing clear bullish signals with the formation of the Cup and Handle pattern. The reason for this uptrend is after the price was rejected around the $3,280 support area and quickly rebounded approximately 0.5% on the day. This pattern – being one of the classic formations in technical analysis – often indicates a strong growth phase when the price breaks through a critical resistance zone. For me, the $3,400 resistance zone is the key point (trigger) to activate the bullish trend. If the price can break and close above this zone, I believe ETH will quickly enter a strong breakout phase. The target I am expecting after the trigger is activated is the $3,800 level – this is the price level that completes the Cup and Handle pattern, promising significant profits in the next bullish trend.
Long
by JerrytradingCR
A great opportunity for ETH to take the lead Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) The BW(100) indicator on the 1W chart is showing signs of being newly created. Accordingly, the point of observation is to check where the BW(100) indicator on the 1W chart is created and whether the price is maintained above that point. Currently, we need to check for support around 3438.16, which is the BW(100) indicator point on the 1M chart. - (1D chart) It is touching the Fibonacci ratio of 0.618 (3548.07) and is located near 3.438.16. Accordingly, the key is whether it can be supported and rise near 3438.16. - If it falls below 3265.0-3321.30, it is important whether it can be supported and rise near the MS-Signal (M-Signal on the 1D chart) indicator, just like BTC. However, since I think that the decline of ETH has a larger fluctuation range than the decline of BTC, we need to find a countermeasure to see if it can be supported and rise near 2895.47. - In any case, I think this decline of BTC is a great opportunity for ETH to take the lead and rise. Therefore, it is an important point to watch whether the price can rise above 3644.71 and maintain its price during this period of BTC's sideways decline. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
2
Ethereum: Momentum Fueled by Growth and AdoptionEthereum: Momentum Fueled by Growth and Adoption Ethereum (ETH) continued its upward trend over the past week, closely following Bitcoin’s rally. The second-largest cryptocurrency by market capitalization is benefiting from a range of factors that reinforce its position as a leader in the blockchain space. With strong fundamentals, expanding use cases, and favorable seasonal trends, ETH’s price growth appears poised to continue. Adoption and Network Usage The growing adoption of Ethereum for a wide range of applications—ranging from decentralized finance (DeFi) to enterprise solutions—is a key driver of its rising value. Ethereum’s robust and versatile network continues to attract developers, businesses, and users, solidifying its role as the backbone of the blockchain ecosystem. The Rise of DeFi and NFTs The expansion of decentralized finance (DeFi) platforms, which leverage Ethereum’s smart contract capabilities, has created new opportunities for decentralized lending, borrowing, and trading. Simultaneously, the ongoing popularity of non-fungible tokens (NFTs) keeps Ethereum at the forefront of digital ownership and creative innovation. Network Upgrades and Transaction Fee Burning Technological improvements, such as Ethereum’s transition to proof-of-stake through the Merge, enhance network efficiency and sustainability. Additionally, the implementation of EIP-1559 introduced the burning of transaction fees, effectively reducing the supply of ETH and creating deflationary pressure, which can drive long-term price appreciation. Institutional Investment and Ethereum ETFs Institutional investors are increasingly entering the Ethereum market, driven by its utility and growth potential. One of the major catalysts has been the launch and increasing inflows into Ethereum-based ETFs, which provide a regulated and convenient way for institutional and retail investors to gain exposure to ETH. These inflows not only validate Ethereum’s role as a leading crypto asset but also contribute directly to its demand and price growth. Seasonality and Market Momentum Historically, the second half of December has often been a favorable period for cryptocurrency markets, including Ethereum. Factors such as increased trading activity, end-of-year portfolio adjustments, and overall market sentiment have historically supported upward trends during this time. Ethereum seems well-positioned to benefit from this seasonal tailwind, potentially pushing its price toward new highs. Competition and Ecosystem Growth Ethereum faces competition from other blockchain platforms, but its first-mover advantage, coupled with continuous innovation, helps it maintain a dominant position. The ecosystem of ERC-20 tokens—built on the Ethereum network—further strengthens its utility and value proposition. Market Sentiment and Macroeconomic Factors Positive market sentiment and media coverage contribute to Ethereum’s momentum. Broader macroeconomic factors, such as inflation and economic uncertainty, are also driving investors to explore alternatives like Ethereum as a hedge and growth asset. Infrastructure and Partnerships The continued development of infrastructure, including wallets, exchanges, and DeFi tools, makes Ethereum more accessible to users and investors. Strategic partnerships and collaborations within the blockchain space are also expanding Ethereum’s reach and utility. Conclusion Ethereum’s price growth is underpinned by a combination of strong network fundamentals, expanding use cases, increasing ETF inflows, and favorable seasonality. From DeFi and NFTs to network upgrades and institutional interest, Ethereum is positioned to continue its upward trajectory as we move into the traditionally bullish second half of December. Will Ethereum leverage these advantages to reach new price milestones? Share your views and insights in the comments!
Long
by InvestMate
1
TradeCityPro | Ethereum Full Analysis👋 Welcome to TradeCityPro! In this analysis, I will review the most popular altcoin in the market, Ethereum. As the second-largest cryptocurrency, Ethereum not only enjoys immense popularity but also has widespread applications, particularly in DeFi. If you've been following our updates, you're likely aware of the potential and profits that DeFi offers. 📅 Weekly Timeframe: Trendline Reaction and Continued Uptrend In the weekly timeframe, a long-standing ascending trendline has supported Ethereum's price four times over the past two years. 🎲 Recently, the SMA99 has aligned with this ascending trendline. Along with the critical $2,199 support, it forms a powerful PRZ (Potential Reversal Zone). Additionally, the RSI found strong support at 38.52, preventing further price drops and resulting in several green candles. Given the significant buying volume, this upward movement seems poised to continue. 🔴 The next resistance for Ethereum is at $3,882. If this level is breached, the only remaining obstacle is the ATH at $4,685. 📈 In the event of an ATH breakout, the Fibonacci targets are $10K to FWB:12K , a highly significant range that could become realistic during an altcoin season. However, this doesn't guarantee that the price will hit these levels or stop there. Always wait for trend confirmation. Exit early if the price reverses at lower resistances, and stay invested if the trend remains strong at higher levels. 🔽 Currently, the bullish momentum appears strong, making a decline less likely. However, if the price closes below the trendline and SMA99, and breaks the $2,199 trigger, the bullish scenario will temporarily be invalidated. The next key supports would be at $1,523 and $1,023. 📅 Daily Timeframe: Second Leg of the Uptrend After Box Breakout In this timeframe, near the ascending trendline, a clear accumulation box accompanied by a positive RSI divergence can be observed. After breaking the SMA99 and the box, the price experienced a solid rally and reached the $3,367 resistance. 🔑 Today, the price has managed to stay above this level so far, but confirmation will depend on the daily candle close. 📊 The candlestick volumes look strong, with no signs of weakening. If the RSI enters the Overbought zone, we can expect a price pump. 📉 Upcoming resistances are at $3,712 and $4,086, with the primary resistance being the ATH at $4,828. Although far from the current price, the strong upward momentum could lead Ethereum to this level soon. ✨ If the price fails to confirm above $3,367 and a correction begins, the key supports to watch are $3,054 and $2,743. However, given the current bullish momentum, any correction might be limited to $3,054. A deeper correction would reset market excitement and reduce bullish momentum. 📅 4-Hour Timeframe: Futures Triggers Now, let's discuss futures trading triggers. As covered in higher timeframes, I will focus solely on futures trading setups in this timeframe. 💥 For long positions, a breakout above $3,533 or a pullback to $3,295 could serve as good entry points. The SMA99 is relatively close to the price, adding strength to these levels. If the RSI breaks above the 70 level and buying volume increases, the price may experience significant growth. ❌ Currently, I won't suggest any short positions as they go against the market momentum. I will wait for confirmation of a trend reversal before entering a short trade. 🔒 The bullish momentum will likely persist as long as the RSI remains above the 50 level. 👑 ETH/BTC Analysis 📅 Weekly Timeframe: Strong Bearish Momentum Let’s compare Ethereum to Bitcoin. In the weekly timeframe, after breaking $0.05154, a double-top pattern activated, pushing the price downward. A curved trendline has acted as a significant resistance, keeping the price below it for nearly two years. 🔫 Currently, the nearest support is at $0.02998, which is crucial. If this level is broken, Ethereum will face significant challenges in gaining value relative to Bitcoin. 🪤 If the RSI breaks above 38.55, it will signal the first sign of a trend change. A breakout above the 56.07 resistance would confirm a momentum shift, and with candle confirmation, a trend reversal would likely follow. 📅 Daily Timeframe: Reaction to the Trendline In the daily timeframe, the bearish trend remains evident, similar to the weekly chart. However, a positive RSI divergence is forming. If the RSI breaks above 50, this divergence will activate. 💣 A trendline near the price’s lower boundary recently saw a fakeout. The price is currently above this level. For the divergence to activate, a price trigger is required, which at the moment is a breakout above $0.04099. ✅ Alternatively, a trend reversal based on Dow Theory could also serve as a long trigger, confirming a change in trend. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
25
Key Support Area: Around 3265.0-3321.30 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) The key for ETH right now is whether it can get support around 3265.0-3321.30. If it gets support, ETH is expected to show an upward movement to renew the ATH. - As I mentioned in this BTC idea, since BTC is expected to show a slight downward sideways movement, I think it is likely to show an upward movement if it gets support at this time. - If it falls below 3243.80 and shows resistance, it is important to see if it can rise after receiving support near the MS-Signal (M-Signal on the 1D chart). If not, it can fall to around 2895.47. - The final buy zone for ETH is around 3644.71, but if possible, it is recommended to buy below 3438.16. The reason is that if the price starts to rise, it is likely to rise while shaking up and down. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
1
ETHUSDT: Unlocking Opportunities Through Technical Analysis -...◳◱ On the BINANCE:ETHUSDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 3340.83 | 3605.67 | 4033.67 and support near 2912.83 | 2749.67 | 2321.67. Entering trades at 3315.98 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 2 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Kraken ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector. ◰◲ Technical Metrics : ▣ Mrkt Price: 3315.98 ₮ ▣ 24HVol: 1,652,280,497.599 ₮ ▣ 24H Chng: -3.342% ▣ 7-Days Chng: 7.56% ▣ 1-Month Chng: 31.26% ▣ 3-Months Chng: 18.74% ◲◰ Pivot Points - Levels : ◥ Resistance: 3340.83 | 3605.67 | 4033.67 ◢ Support: 2912.83 | 2749.67 | 2321.67 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 5.10 ▣ Last 90D: 1.57 ▣ Last 1-Y: 1.02 ▣ Last 3-Y: 0.20 ◲◰ Volatility : ▣ Last 30D: 0.75 ▣ Last 90D: 0.62 ▣ Last 1-Y: 0.63 ▣ Last 3-Y: 0.69 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth ETHUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Ethereum: Momentum Fueled by Growth and AdoptionEthereum: Momentum Fueled by Growth and Adoption Ethereum (ETH) continued its upward trend over the past week, closely following Bitcoin’s rally. The second-largest cryptocurrency by market capitalization is benefiting from a range of factors that reinforce its position as a leader in the blockchain space. With strong fundamentals, expanding use cases, and favorable seasonal trends, ETH’s price growth appears poised to continue. Adoption and Network Usage The growing adoption of Ethereum for a wide range of applications—ranging from decentralized finance (DeFi) to enterprise solutions—is a key driver of its rising value. Ethereum’s robust and versatile network continues to attract developers, businesses, and users, solidifying its role as the backbone of the blockchain ecosystem. The Rise of DeFi and NFTs The expansion of decentralized finance (DeFi) platforms, which leverage Ethereum’s smart contract capabilities, has created new opportunities for decentralized lending, borrowing, and trading. Simultaneously, the ongoing popularity of non-fungible tokens (NFTs) keeps Ethereum at the forefront of digital ownership and creative innovation. Network Upgrades and Transaction Fee Burning Technological improvements, such as Ethereum’s transition to proof-of-stake through the Merge, enhance network efficiency and sustainability. Additionally, the implementation of EIP-1559 introduced the burning of transaction fees, effectively reducing the supply of ETH and creating deflationary pressure, which can drive long-term price appreciation. Institutional Investment and Ethereum ETFs Institutional investors are increasingly entering the Ethereum market, driven by its utility and growth potential. One of the major catalysts has been the launch and increasing inflows into Ethereum-based ETFs, which provide a regulated and convenient way for institutional and retail investors to gain exposure to ETH. These inflows not only validate Ethereum’s role as a leading crypto asset but also contribute directly to its demand and price growth. Seasonality and Market Momentum Historically, the second half of December has often been a favorable period for cryptocurrency markets, including Ethereum. Factors such as increased trading activity, end-of-year portfolio adjustments, and overall market sentiment have historically supported upward trends during this time. Ethereum seems well-positioned to benefit from this seasonal tailwind, potentially pushing its price toward new highs. Competition and Ecosystem Growth Ethereum faces competition from other blockchain platforms, but its first-mover advantage, coupled with continuous innovation, helps it maintain a dominant position. The ecosystem of ERC-20 tokens—built on the Ethereum network—further strengthens its utility and value proposition. Market Sentiment and Macroeconomic Factors Positive market sentiment and media coverage contribute to Ethereum’s momentum. Broader macroeconomic factors, such as inflation and economic uncertainty, are also driving investors to explore alternatives like Ethereum as a hedge and growth asset. Infrastructure and Partnerships The continued development of infrastructure, including wallets, exchanges, and DeFi tools, makes Ethereum more accessible to users and investors. Strategic partnerships and collaborations within the blockchain space are also expanding Ethereum’s reach and utility. Conclusion Ethereum’s price growth is underpinned by a combination of strong network fundamentals, expanding use cases, increasing ETF inflows, and favorable seasonality. From DeFi and NFTs to network upgrades and institutional interest, Ethereum is positioned to continue its upward trajectory as we move into the traditionally bullish second half of December. Will Ethereum leverage these advantages to reach new price milestones? Share your views and insights in the comments!
Long
by InvestMate
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