📈 Global Trend:
The chart shows an overall upward trend starting from the lows of around $2,111. The maximum was reached at $4,107, followed by a correction. Currently, the price is consolidating within the $3,400–$3,500 range.
📊 Bollinger Bands:
The current ETH price is near the middle Bollinger Bands line (MB: $3,489.12), indicating a consolidation phase.
The upper Bollinger Bands boundary (UP: $3,903.06) serves as a potential resistance level.
The lower Bollinger Bands boundary (DN: $3,075.18) represents a key support level.
📉 Volumes:
Trading activity remains moderate, which may indicate market participant uncertainty.
🛠️ Key Levels:
Support: $3,075 — the lower Bollinger Bands boundary and previous consolidation area.
Resistance: $3,900–$4,100 — the local high and upper Bollinger Bands boundary.
📐 Moving Averages (MA):
MA(5): $3,506.82 — the price is slightly below the short-term moving average, indicating a possible pullback phase.
MA(10): $3,449.91 — a neutral signal pointing to weak short-term momentum.
🔮 Possible Scenarios:
Bullish Scenario: Breaking through the $3,900 resistance level may trigger a rally toward $4,100 and higher.
Bearish Scenario: Dropping below $3,075 could lead to a deeper decline toward $2,750.
📌 Recommendation:
Monitor trading volumes and price behavior near key levels. Consolidation above $3,500 may confirm the continuation of the upward trend.