⚡ $ETH Ethereum Technical Outlook: Global Tensions Fuel the Next Breakout

$ETH is trading around $3,240, showing strong resilience amid global market shifts.

đŸ‡ș🇾 US Influence:

Recent Fed comments on inflation and interest rate cuts are setting the tone for ETH’s next move. A dovish stance could push liquidity back into crypto, making $3,350 – $3,400 the next short-term resistance zone.

🇹🇳 China’s Factor:

Despite the trading restrictions, Chinese investors are driving volume indirectly through Hong Kong and DeFi platforms. Increased on-chain activity from Asian wallets suggests quiet accumulation — a bullish undertone beneath regulatory shadows.

đŸ‡·đŸ‡ș Russia’s Role:

With sanctions pressuring its financial system, Russia’s pivot to decentralized finance continues. Ethereum’s network has seen increased activity linked to cross-border settlements, strengthening ETH’s use case as a neutral digital settlement layer.

📈 Technical Zone to Watch:

Support: $3,050 – $3,100

Resistance: $3,350 – $3,420

RSI: Turning upward from 48 → early sign of bullish momentum

4H Chart: Price forming a bullish flag, possible breakout if volume confirms.

💬 SanRoy Insight:

Ethereum’s next major move won’t just come from charts — it’ll be shaped by the silent tug-of-war between the US’s monetary policy, China’s blockchain ambition, and Russia’s financial independence. Stay ready.

Ethereum showing a potential bullish flag formation on the 4H timeframe.

Price holding strong above $3,100 support, eyeing a clean breakout toward $3,400 resistance zone if volume confirms.

Watch how US monetary tone, China’s blockchain expansion, and Russia’s DeFi adoption align with the next ETH impulse move

ETH
ETH
1,850.79
-0.23%