BREAKING
41d 2h ago

Ethereum Poised for 50–100% Upside Against Nasdaq 100 as RSI Flashes Oversold and Mean Reversion Looms

ETH

ETH/USDT

$2,898.89
+3.35%
24h Volume

$21,242,003,359.32

24h H/L

$2,951.21 / $2,787.00

Change: $164.21 (5.89%)

Long/Short
73.8%
Long: 73.8%Short: 26.2%
Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,898.88

2.91%

Volume (24h): -

Resistance Levels
Resistance 3$3,246.29
Resistance 2$3,110.14
Resistance 1$2,961.45
Price$2,898.88
Support 1$2,805.79
Support 2$2,684.92
Support 3$2,180.17
Pivot (PP):$2,887.49
Trend:Downtrend
RSI (14):39.5

Historical observations suggest that the ETH/Nasdaq 100 ratio has formed bottoms near 0.11 on previous cycles when the Relative Strength Index (RSI) for ETH vs. the Nasdaq approached the oversold zone around 30. Such patterns may indicate a potential bottoming in ETH, though this does not guarantee immediate upside. Traders watch the indicator cluster, with mean reversion a recurring feature of crypto equities relationships during risk-off-to-risk-on shifts.

Given the high correlation between ETH and the Nasdaq 100, sizable deviations are unlikely to persist, and traders expect mean reversion over the medium term. The macro backdrop—monitoring liquidity measures and regulatory developments—remains the primary driver of crypto equities dynamics. If conditions favor crypto capitalization, ETH could outperform, but credible risk controls and objective indicators, such as RSI trends and liquidity metrics, should guide allocation and risk management.

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