ETH: Still optimistic and in transformation

26 Mei

ETH: Still optimistic and in transformation

Previously, ETH showed a strong bullish trend, but recent economic events have shaken things up.

On Friday, U.S. President Donald Trump announced a 50% tariff on the European Union, set to begin on June 1, 2025. This caused uncertainty in financial markets, triggering selling pressure on ETH, which dropped to $2,463—a key support level.

However, over the weekend, Trump extended the EU negotiations deadline until July 9, for talks between Washington and the 27-nation bloc to produce a deal.

If ETH holds the $2,463 support level, we could see another upward push in price.

You may find more details in the chart!
Thank you and Good Luck!

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27 Mei

Dagangan aktif

📣ETH - Bullish Outlook Update

The price created the correction as expected. Another retest of the support zone happened near 2510 and the buyers apeared again by pushing the price by +7% to 2684

The bullish momentum seems to be high again and all the last 4 hour candles are long and bullish indicating for a strong bullish momentum.
IF ETH doesn't decline again from the current support zone the chances are that the bullish movement just began.

We are near to a big moment this time.