Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break

Crypto Breaking · 2024-10-01T06:16:26.000Z

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery. Ethereum Struggles To Break $2,800 Resistance Technical analyst Daan Crypto Trades recently pointed out that Ethereum has yet to make a higher high, a feat achieved by Bitcoin (BTC) last week. In order to reverse its current trend, the analyst explains that ETH needs to break through the $2,800 level, which coincides with the daily 200 exponential moving average (EMA). Currently, Ethereum’s price has retraced over 1% in both the last 24 hours and the past week, currently trading at $2,611. This decline contrasts with the gains recorded over the past two weeks (14%) and the past month (4%). Despite marking a higher low of $2,640 at the end of the previous week following a nearly 20% drop on September 6, where prices fell to $2,150, ETH remains far from its yearly high of nearly $4,000 achieved in the first quarter of this year and its all-time high of $4,878 from November 2021. In contrast, Bitcoin recently reached a two-month high of $66,500, moving closer to its all-time high of $73,700 set in March, highlighting the stark difference in performance between Bitcoin and Ethereum during this period However, much like Daan Crypto Trades, other analysts maintain a bullish outlook for Ethereum if important support levels are held by the bulls and if the price can break through key resistances. Analysts Forecast New All-Time High In Early 2025 Market expert Guru Vedas has recently noted that ETH appears to have hit a curve support on its two-hour chart, with support levels between $2,550 and $2,600. He suggests that a recovery could be imminent from this support base. Another analyst, known as “Man of Bitcoin,” echoed this sentiment, asserting that ETH could continue to rise as long as it remains above $2,560. He identified key support levels for a larger wave, ranging from $2,539 to $2,351, which are critical for any near-term recovery. Adding to the optimism, analyst Ted Pillows highlighted that Ethereum is forming a similar fractal pattern to one observed during its previous bull cycle, which saw prices surge from $1,600 to $4,000. The analyst predicts that the ETH price could reach between $4,000 and $4,400 by the end of this year, with a potential new all-time high anticipated in the first quarter of 2025 above $4,800. Featured image from DALL-E, chart from TradingView.com Source: NewsBTC.com The post Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break appeared first on Crypto Breaking News.

以太坊（ETH）是按市值计算的第二大加密货币，最近落后于其他顶级代币，24 小时和每周均出现亏损。
尽管出现这种低迷，但一些分析师认为，如果以太坊能够在不久的将来克服关键阻力位，它可能会遵循“Uptober”中常见的季节性趋势，从而可能导致价格复苏。
以太坊努力突破 2,800 美元的阻力位
技术分析师 Daan Crypto Trades 最近指出，以太坊尚未创下更高的高点，而比特币 (BTC) 上周创下了这一壮举。为了扭转目前的趋势，分析师解释说，ETH 需要突破 2,800 美元的水平，这与每日 200 指数移动平均线 (EMA) 相吻合。
目前，以太坊的价格在过去 24 小时和过去一周均回落超过 1%，目前交易价为 2,611 美元。这一跌幅与过去两周（14%）和过去一个月（4%）的涨幅形成鲜明对比。
尽管继 9 月 6 日下跌近 20%（价格跌至 2,150 美元）之后，ETH 在上周末创下了 2,640 美元的较高低点，但仍远低于今年第一季度创下的近 4,000 美元的年度高点和 2021 年 11 月创下的 4,878 美元的历史高点。
相比之下，比特币近期创下了两个月以来的新高 66,500 美元，接近 3 月份创下的 73,700 美元的历史新高，凸显了比特币和以太坊在此期间表现的明显差异。
然而，与 Daan Crypto Trades 一样，如果多头守住重要支撑位且价格能够突破关键阻力位，其他分析师仍对以太坊保持看涨前景。
分析师预测 2025 年初将创下历史新高
市场专家 Guru Vedas 最近指出，ETH 似乎在其两小时图上触及曲线支撑位，支撑位在 2,550 美元至 2,600 美元之间。他认为，从这个支撑位开始复苏可能即将到来。
另一位被称为“比特币之人”的分析师也表达了同样的观点，他断言，只要 ETH 保持在 2,560 美元以上，它就可能继续上涨。他确定了更大波动的关键支撑位，范围从 2,539 美元到 2,351 美元，这对于任何短期复苏都至关重要。
分析师 Ted Pillows 强调，更加乐观的是，以太坊正在形成与上一轮牛市周期类似的分形模式，当时价格从 1,600 美元飙升至 4,000 美元。
该分析师预测，到今年年底，ETH 价格可能达到 4,000 美元至 4,400 美元之间，并可能在 2025 年第一季度创下 4,800 美元以上的历史新高。
特色图片来自 DALL-E，图表来自 TradingView.com
来源：NewsBTC.com
以太坊与 BTC 不同，难以达到更高的高点：ETH 必须突破的关键水平首先出现在 Crypto Breaking News 上。

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