BREAKING
217d 21h ago

Bitunix Analyst Highlights ETH Upward Fluctuation Amid Macro Optimism, Focus on 2525 and 2275 Support Levels

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

According to a recent analysis by Bitunix, the broader macroeconomic sentiment has turned notably optimistic, influencing the cryptocurrency market dynamics. Ethereum (ETH) has experienced upward fluctuations, reflecting increased investor confidence amid improving global financial indicators. Market participants are advised to closely monitor the critical support levels at 2525 and 2275, which serve as key technical benchmarks for ETH’s price stability. These support zones are pivotal for assessing potential downside risks and guiding strategic entry points. The evolving macro backdrop underscores the importance of integrating fundamental analysis with technical signals to navigate the volatile crypto landscape effectively.

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