Scalping & Mid-Term Analysis for Ethereum Market Overview:
Trend: Ethereum is currently in a weak consolidation after a sharp drop, forming a bearish flag pattern.
Key Levels:
Resistance: ~$2,800 - $2,830
Support: ~$2,645 - $2,700
Indicators:
MACD: Weak momentum, indicating lack of bullish confirmation.
EMA: Price is below the 50 EMA, confirming continued bearish sentiment.
Volume: Declining, meaning low confidence in recovery.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Current Conditions)
Why? Ethereum is trading in a tight range after a dump, indicating no clear direction yet.
How?
Buy near $2,645 - $2,700
Sell near $2,800 - $2,830
Stop-loss below $2,640, as a breakdown could accelerate.
🩸 2. Breakout Scalping (If Trend Resumes)
Trigger: Break above $2,830 or below $2,645.
Execution:
If Ethereum breaks $2,830, scalp long targeting $2,880 - $2,900.
If Ethereum drops below $2,645, scalp short targeting $2,580 - $2,550.
🩸 3. EMA Scalping
Why? Ethereum is struggling to reclaim the 50 EMA, which acts as dynamic resistance.
Execution:
Sell on EMA rejection (~$2,750 - $2,770).
Buy only if Ethereum reclaims EMA and shows bullish confirmation.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bearish → Sideways
Why?
Bearish flag formation, indicating possible continuation of downward trend.
Failure to break resistance at $2,800 - $2,830 signals weak buyers.
Ethereum risks dropping to $2,550 - $2,500 if sellers gain control.
Only above $2,850, bullish momentum can return.
🔥 News & Market Context:
Lack of strong bullish catalysts, meaning Ethereum lacks buying pressure.
No major liquidation events, so market makers may hunt stop-losses below $2,645 before reversal.
Watch BTC correlation, as Bitcoin’s movement will directly affect Ethereum’s price action.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping is possible, but only within the current range.
🩸 Mid-term: Bearish unless Ethereum breaks $2,830+ with strong volume.
🩸 Ideal Play: Look for shorts on resistance rejection and avoid longs until confirmation.
👑 Final Verdict:
Ethereum remains weak. If it fails to break $2,830, expect a test of $2,550 - $2,500. 🔥
