$ETH The chart is showing a slow but steady recovery after the recent drop from the upper zone. Price is currently moving inside a short-term consolidation, and buyers are trying to build support around the mid-range. Momentum indicators are calming down, which usually signals that a new direction may form soon.
Short-Term View (1H)
Right now, the structure is forming higher lows, which is a positive sign. If the price keeps holding above this zone, we may see another push toward the previous intraday high.
Refined Prediction (Using Multiple Methods)
1️⃣ Moving Average View: The market is staying above the short-term moving average most of the time, showing that buyers still have control. When the candle stays above MA, momentum usually continues upward.
2️⃣ Momentum Indicators (RSI/KDJ): RSI is staying in the mid-zone—neither overheated nor weak. This usually indicates a balanced phase where the next wave can be stronger.
3️⃣ Trendline & Structure: As long as the candle structure keeps forming higher lows, the trend can remain positive. A break below the latest support can slow momentum.
Future Outlook (Simple Prediction)
If the market continues to hold above the support zone, there is a chance of a climb toward the recent peak zone. But if it fails to hold, a retest of the lower support area may happen first before forming a new bounce.
This is just personal market observation, not financial advice.
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$ETH The chart is showing a slow but steady recovery after the recent drop from the upper zone. Price is currently moving inside a short-term consolidation, and buyers are trying to build support around the mid-range. Momentum indicators are calming down, which usually signals that a new direction may form soon.
Short-Term View (1H)
Right now, the structure is forming higher lows, which is a positive sign. If the price keeps holding above this zone, we may see another push toward the previous intraday high.
Refined Prediction (Using Multiple Methods)
1️⃣ Moving Average View:
The market is staying above the short-term moving average most of the time, showing that buyers still have control. When the candle stays above MA, momentum usually continues upward.
2️⃣ Momentum Indicators (RSI/KDJ):
RSI is staying in the mid-zone—neither overheated nor weak. This usually indicates a balanced phase where the next wave can be stronger.
3️⃣ Trendline & Structure:
As long as the candle structure keeps forming higher lows, the trend can remain positive. A break below the latest support can slow momentum.
Future Outlook (Simple Prediction)
If the market continues to hold above the support zone, there is a chance of a climb toward the recent peak zone.
But if it fails to hold, a retest of the lower support area may happen first before forming a new bounce.
This is just personal market observation, not financial advice.