ETH is trading around the low-to-mid $3,300s with modest gains recently, indicating short-term consolidation rather than a definitive trend breakout. �
Technicals: RSI is near neutral, and trend indicators show a lack of strong conviction — this suggests ETH is range-bound between key support and resistance for now. �
Meyka
Meyka
📈 Bullish Scenario
• Short-term upside: Targets around $3,450–$3,500 if ETH breaks above immediate resistance. �
• Momentum setup: MACD and moving averages in some analyses are showing early bullish alignment, hinting at a continuation of the recovery leg if volume increases. �
Blockchain News
MEXC
Key breakout level: ~$3,457 — a clear decisive close above this could bring medium-term bulls back in control. �
Blockchain News
📉 Bearish Risks
• A failure to sustain above current support (~$3,260) could see ETH retest lower ranges. �
• Market indecision and neutral momentum indicators mean sideways action or mild pullbacks remain possible in the absence of fresh catalysts. �
Blockchain News
Meyka
🧠 Sentiment & Context
• Broader crypto strength (e.g., Bitcoin and altcoin rallies) has helped support ETH near current levels. �
• Longer-term forecasts vary widely among analysts (some bullish to $7,500+ in 2026, others more conservative), reflecting differing views on adoption and macro influence. �
Finance Magnates
TechBullion
📌 Summary
Neutral to mildly bullish in the short term with upside targets near $3,450–$3,500. �
Blockchain News
Watch key levels: breakout above $3,457 for bull continuation; breakdown below ~$3,261 for potential deeper pullbacks. �
Blockchain News
Volume + macro catalysts will likely determine the next big move.$ETH
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