ETH is trading around $2,428, slightly below its previous close.
ETH has seen a technical decline and low buying and selling over the past 24 hours, with the market under pressure. �
CoinMarketCap
The short-term price forecast from CoinMarketCap suggests that ETH could potentially rise to around $3,100 in the next 24 hours, if the bullish trend continues. �
Pricefore
There is a 70% chance that ETH will remain in the $3,065–$3,171 range. �
Pricefore
There are some buy signals on the technical charts, but a strong support is needed for further gains. �
CoinMarketCap
According to market analysts, short-term volatility is common, especially when the broader crypto market is weak. �
CoinMarketCap
If ETH fails to hold support levels, bearish fears could increase. �
CoinMarketCap
ETH’s performance can often deviate from Bitcoin and larger market trends. �
CoinMarketCap
Fundamental upgrades and network plans could be positive factors for ETH in the long term (as shown in the roadmap). �
CoinMarketCap
Considering the key points, a slight bullish or bearish price movement is expected in the coming 24 hours, especially near technical levels. �#Ethereum #MarketCorrection #ehtream #BitcoinETFWatch