Quick summary (latest snapshot)
Current $ETH
price ~ $2,999 (live quote).
Market context: ETH recently fell from higher levels but reclaimed the $3,000 area after a multi-day pullback, showing short-term stabilization. Several TA writeups note resistance around $3,200–$3,600 and support near $2,500–$2,800.
Macro / flow: Bitcoin’s recovery has helped altcoin strength; analysts remain cautious until BTC holds above key levels (e.g., ~$87k–$90k). Institutional forecasts remain mixed (Citi: year-end targets in the low thousands vs. more bullish banks).
Short technical read (concise)
Trend (short-term): Neutral-to-bullish — price reclaimed $3k after finding support near $2.7k–$2.8k. Volume on the bounce suggests buyers stepping in.
Key resistance: ~$3,200 — $3,600 (recent supply zone). If ETH breaks and holds above ~$3,600, next bigger targets open up.
Key support: ~$2,700 — $2,500. A break below here reopens a deeper pullback scenario.
Sentiment / catalysts: ETF flows, Bitcoin direction, macro risk events, and on-chain activity (staking / fees) remain the main drivers. Institutional estimates differ — keep an eye on ETF/inflow headlines.
Chart (visual)
I plotted recent sampled daily closes (dates shown beneath the chart) so you can see the recent drop and the rebound above ~$3k. The table of the data used is shown as well.
(Chart and table are displayed above — the plotted closes were sampled from the historical price pages and the live quote referenced.) Sources for price points and context: live finance quote and historical pages (CoinDesk / Yahoo / Investing / DailyForex).
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If you want:
I can produce a candlestick chart with RSI and MACD (one chart per plot — will produce multiple images).
Or I can export the plotted data to a CSV / PNG for you to download.
Tell me which and I’ll generate it right away.#BinanceHODLerAT #BTCRebound90kNext? #TrumpTariffs #BTCRebound90kNext? #WriteToEarnUpgrade