$ETH

ETH
ETHUSDT
2,963.59
-2.25%

AI Analysis: $ETH/USDT

Entry Price: Around 3,060

Target Price:

- TP1: 3,113

- TP2: 3,202

- TP3: 3,290

Stop-Loss Price: Below 3,025

Reasons for Buying:

1. Pattern Confirmation:

- Daily level forms a "rectangle consolidation" breakout structure (neckline at 3,113), consolidation range height 177 (3,025-3,202)

- Measured increase = range height × 1.618 = 286 → Target Price 3 = 3,113 + 286 = 3,399 (actual integer taken 3,290)

2. Trend Structure:

- Weekly level breaks through the 2024 downward trend line (3,290→3,202 connection), price stands above MA(50) 3,085

- RSI(14)=58 (neutral to strong), MACD red bars expanding shows increasing bullish strength

3. Market Sentiment:

- The 3,025 area shows a "panic sell-off - stepwise absorption" volume-price combination

- Continuous 5-day closing price stabilizes at 3,060 (historical support + Fibonacci 38.2% retracement level)

4. Indicator Verification:

- OBV indicator reaches a new high for 2024, showing capital inflow

- Funding rate +0.225% (positive for 8 consecutive days), futures open interest breaks through 120 billion USD

- On-chain data: net flow from exchanges -1.8 million coins, whale holdings increase by 38%

This content is for reference only and should not be considered as investment advice.