đ§ ETH Traders â Caution Ahead!
Ethereum Showing Bearish Signals After $2,600 Rally đ»
đ Market Snapshot:
Ethereum recently touched $2,600, but indicators now suggest a short-term correction may be coming. Here's why:
đ Technical Indicators:
RSI: Below 50 â đž Momentum weakening
MACD: Bearish crossover â đ Trend shift underway
Support Zones:
â $2,350 (key level)
â $2,275 and $2,220 (next downside targets)
Resistance Levels:
â $2,500 and $2,600 remain strong barriers
đŹ Sentiment & On-Chain Data:
Fear & Greed Index: 70 (Greed) â â ïž Overconfidence in market
Exchange Inflows â15% â đŒ Rising selling pressure
đ Analyst Outlook:
CoinCodex: ETH could dip to $2,258 (-11.66%) đ
MichaĂ«l van de Poppe: Watching $2,100â$2,250 as key buy zones đ°
â
What Traders Should Do:
đž Watch $2,350 closely â if it breaks, correction could deepen
đž Avoid chasing pumps â resistance zones are strong
đž Wait for dips to strategic buy zones ($2,250 or below)
đž Use risk management & stop losses wisely
đ Final Take:
ETH is showing signs of cooling down. Correction = opportunity for smart entries. Stay alert, stay strategic. đŒđš
#ETH #ETHUpdate #BinanceSquare #TechnicalAnalysis #MarketInsights
đž Slide 1: Title / Cover
đ§ ETH Traders â Caution Ahead!
Ethereum Showing Bearish Signals After $2,600 Rally đ»
đ Technical Indicators
RSI < 50: Weakening momentum
MACD Bearish Crossover: Momentum shift
Support: $2,350 â $2,275 â $2,220
Resistance: $2,500 â $2,600
â ïž Trend turning cautious
đž Slide 3: Market Sentiment
đŹ Market Sentiment & On-Chain Data
Fear & Greed Index: 70 (Greed)
â Market overconfidence
+15% Exchange Inflows
â Possible selling pressure
đ Signals point to short-term caution.
đž Slide 4: Analyst Insights
đ What Analysts Are Saying
CoinCodex Prediction:
â ETH to $2,258 (-11.66%)