ЕТН

Crypto market in a consolidation phase and heightened volatility

Investors are weighing geopolitical uncertainty and tighter regulatory measures worldwide. Institutional spot outflows are continuing.
#ВТС is hovering dangerously close to the key psychological level of just under $59,500. Over the past month, the asset has fallen significantly due to outflows from funds.
#ЕТН holds near the $1,585 mark. Market sentiment around "Ether" is assessed as predominantly "bearish".
The U.S. regulator has issued proposals requiring issuers of payment stablecoins to meet strict requirements. And major trading venues are forced to adapt to updated EU legislation.

#ETH Bitmine the largest company with a reserve of #ЕТН reported that last week it purchased 27 084 ETH for $43 million. Thus, it increased its altcoin holdings to 5.7 million #ЕТН This amounts to about $8.9 billion, which is about 4.7% of the total supply #ЕТН in circulation

The cryptocurrency market shows steady growth

#биткоин has risen to the $62,000 mark, breaking through the psychological level of $60,000. #ЕТН and # Solana also continue to strengthen their positions amid a short squeeze, while small and speculative tokens lead across the broader market.
The main reason for the recovery was the Fed’s dovish tone. Statements about easing inflation risks and assessments of AI’s impact on the economy have had a positive effect on risk assets.
Donald Trump backed digital assets, casting doubt on the capital gains tax for Bitcoin and calling cryptocurrency full-fledged money.
In the European Union, the transitional period for large-scale regulation of digital assets has ended. The industry is rethinking how to monitor offshore coins and tokenized securities.
According to recent reports, over the past month the crypto industry lost about $75.8 million due to hacker attacks, which is significantly higher than the figures for May.

ETH/USDT Analysis
Current Situation
Price: $2,338 (-1.4%)
24h Range: $2,313 – $2,423
Volume: 1.09 billion USDT (normal)
Technical Analysis
4-Hour Chart (Image 1)
Price below MA(7) = 2357 — short-term bearish signal
MA(100) = 2324 — price nearby, potential support
MA(200) = 2282 — global support from below
OBV rising — accumulation continues
1-Hour Chart (Image 2)
Sharp drop from 2423 → 2338 (−$85)
Price broke below MA(7) and MA(100)
High volume on the drop — active selling
OBV sharply declined — bearish pressure
Levels
Level
Price
🔴 Resistance 1
2,380–2,400
🔴 Resistance 2
2,423 (day high)
🟢 Support 1
2,313 (day low)
🟢 Support 2
2,280–2,282 (MA200)
📍 Entry Points
🟢 LONG (cautiously)
Enter only after confirming the bounce
Entry #1: $2,315–2,320 (testing day low + holding)
Entry #2: $2,282–2,290 (MA200 + strong support)
Stop: below $2,270
Target: $2,380 → $2,420
🔴 SHORT
Entry: $2,375–2,390 (pullback to MA7/MA100)
Stop: above $2,425
Target: $2,315 → $2,280
⚠️ Conclusion
The market is currently in correction after an upward impulse. The best strategy is to wait for $2,313–2,320 for a long with confirmation (reversal candlestick on the 1h), or short the bounce to $2,380+.
Do not enter the market on the current candlestick — it's a moment of uncertainty.
#ЕТН