📉 ETH/USDT Market Analysis & Outlook

🕒 1-Hour Timeframe | As of August 1, 2025

Ethereum is currently experiencing a short-term bearish phase, with the latest price at $3,559.85, reflecting a 5.19% drop in the past 24 hours. The price recently touched a local low of $3,535.05, confirming strong selling pressure around the $3,600 zone.

🔍 Technical Breakdown:

✅ Moving Averages (MA/EMA):

Price is trading below the 5, 10, and 30 EMA and MA lines, suggesting short-term trend weakness.

EMA(10) = $3,606.84, EMA(30) = $3,670.98

These dynamic resistance zones could cap any near-term bounce.

✅ MACD:

MACD: -3.84, DIF: -46.29, DEA: -42.45

Deep in bearish territory, confirming strong momentum to the downside.

✅ RSI & KDJ:

RSI(6): 26.10 → Oversold zone

KDJ K: 23.58, D: 31.05 → Suggesting a potential bounce may be on the horizon if buying picks up.

✅ Williams %R:

WR(14): -85.17

Deep oversold, could indicate a short-term rebound if bulls show up.

📊 Multi-Timeframe Forecast:

🕐 1-Hour Chart (Current Trend):

Bearish, likely to range between $3,530 – $3,600 before the next move.

🕓 4-Hour Chart (Mid-Term Outlook):

If bulls reclaim $3,600, we may test $3,710–$3,750.

Failure here could drag ETH to $3,500 or below.

📅 1-Day Chart (Long-Term Watch):

Strong support near $3,470, major resistance around $3,850.

MACD is flattening—suggesting the trend might consolidate or reverse in the coming days.

🔮 Future Prediction (Near-Term Scenarios):

1. Bullish Case:
If ETH manages to break above the 10 EMA ($3,606), we could see a mini rally toward $3,680–$3,750.

2. Bearish Case:
A rejection around $3,600–$3,620 could open the door for a deeper dip toward $3,470–$3,420.

3. Neutral Case:
Sideways movement in the $3,530–$3,600 zone as the market waits for macro catalysts or volume breakout.

🧠 Reminder:
This is not financial advice—just a personal market observation based on technical indicators and trend patterns. Always do your own research and manage your risk!
#ETH#