#ETH#

📊 ETH/USDT Market Analysis & Future Outlook

ETH has shown a powerful bullish push in the last 24 hours, currently trading around $3,825.40 with a +5.40% increase. The 24-hour high reached $3,863.30, marking a strong recovery from the recent low of $3,621.20.

🔍 Technical Indicators Recap:

MA5 ($3,833.18), MA10 ($3,782.41), and MA30 ($3,697.22) are all trending upwards, suggesting a bullish continuation.

MACD: Shows increasing bullish momentum as DIF continues to rise above the DEA line.

RSI (6/12/24): Hovering in the 67-72 range, indicating strong momentum but close to overbought—watch for signs of short-term correction.

KDJ: The %K line is at 83.48, still above %D and %J, confirming bullish pressure.

WR (Williams %R) values are also showing strong upward movement, reinforcing momentum.

📈 Future Prediction Based on Timeframes

⏱️ 1-Hour Chart Outlook:

If current momentum sustains, ETH could re-test the $3,863 resistance. A breakout may open a path toward $3,900+, but RSI nearing overbought means some correction may occur around $3,800.

⏱️ 4-Hour Chart View:

Supports at $3,760 and $3,700 are key. Holding above these levels confirms strength. MACD is wide and climbing, suggesting this move has room to continue over the next 12–18 hours.

⏱️ Daily Trend Forecast:

ETH has bounced from the $3,350 support level and broken short-term resistances with ease. If this trend stays intact, ETH could aim for $4,000 within a few days. However, keep an eye on macroeconomic triggers or BTC's volatility which could shift the sentiment quickly.

✅ Conclusion:

ETH is in a bullish breakout phase, and short-term indicators are mostly aligned with further upside. However, traders should watch for pullbacks and use stop-loss strategies to manage risk, especially around the $3,800-$3,900 range.

📌 Personal opinion, not financial advice. DYOR.
#ETH#