Ethereum (ETH/USDT) Analysis: TF30

Ethereum (ETH/USDT) Analysis:

📊 Current Price: $2,492.32 (Down -8.52% in 24h)

🔍 Technical Analysis:
1. Short-Term Trend:
- Significant price correction
- Bearish short-term momentum
- Testing key support levels

2. Key Levels:
- Support: $2,461.52
- Resistance: $2,735.15
- 24h Range: Low $2,461.52 - High $2,735.15
- All-Time High: $4,891.70

3. Market Indicators:
- Market Cap: $300.51B
- 24h Trading Volume: $30.18B
- Circulating Supply: 120.57M

🎯 Trading Recommendations:
- Strategy: Cautious, Wait-and-Watch
- Potential Entry: $2,500 - $2,550
- Stop Loss: $2,400
- Take Profit: $2,700

⚠️ Risk Management:
- Reduce exposure during high volatility
- Monitor Pectra upgrade developments
- Watch for trend reversal signals

🔮 Market Outlook:
- Short-term bearish sentiment
- Potential consolidation phase
- Long-term fundamentals remain strong

💡 Key Factors:
- Recent price correction
- Upcoming Pectra upgrade
- Overall crypto market conditions