【A Quick Look at ETH Price Today and Strategy】


Friends, let's start with a technical analysis of ETH's movement today: after the price rose to $2580 at the beginning of the session and then retreated, it is currently trading around $2550. On the four-hour chart, the red MACD histogram is shrinking, indicating weakening short-term momentum. However, the moving averages (MA20/MA60) remain in an uptrend, with support around the 2520-2530 zone. Regarding news, Federal Reserve officials are showing a hawkish stance that puts pressure on risk asset sentiment, but Ethereum ETF fund flows continue to be net positive (yesterday +1.2 billion dollars), and the long-term narrative remains unchanged.
For trading, focus on short-term support at 2520. If the price stabilizes firmly, consider light buying targeting 2580-2600, with a stop loss at 2500; if the price drops below 2520, beware of a deeper correction, with the next support at 2480. Medium- and long-term investors can accumulate on dips, as ETH environment activities (L2, RWA) are still rising, and pullbacks are opportunities.
(Note: The above analysis is for reference only. Exercise caution when investing, and implement strict stop-loss!)
ETH0.02%
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Alkhtry55vip
· 7h ago
Bullish market at its peak 🐂
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