Ethereum (ETH) Technical Analysis: Key Levels and Possible Scenarios
Ethereum continues to find direction at major support levels, with strong buyer interest. To understand the broader market trend, ETH's price movements at support and resistance levels should be closely monitored. Here are the key levels to watch in the upcoming period:
1,692$ - 1,574$ → Strong Demand Zone with Buyer Interest
ETH may encounter significant buying interest at this level. If the price holds this region, an upward reaction and new rallies may begin.
However, if the 1,692$ level is lost, the selling pressure may increase, pulling the price down to the 1,574$ area. This level will be crucial in determining the direction for Ethereum.
2,083$ - 2,108$ → SR Flip and Strong Seller Zone
This area is important for a potential Support-Resistance Flip (SR Flip), where the price may face strong selling pressure.
If ETH surpasses this region with strong volume, the uptrend is likely to accelerate. However, if rejected, the price may return to lower support levels where buyers are waiting.
How strong the buyers are at this level will determine the market's next move.
2,534$ - 2,723$ → Macro Resistance Zone
This zone represents a critical resistance point where Ethereum could form a higher trend structure.
If the price holds and buyers prevail at this level, a new rally towards 3,402$ may begin. However, if strong rejection occurs here, the price could be pulled back to lower support levels.
3,402$ → Strategic Level Watched by Large Investors
This is a key resistance area where large players are focusing, and any movement here could trigger significant market volatility.
If Ethereum sustains above 3,402$, an accelerated uptrend is possible, with a psychological target of 5,000$ becoming likely. Breaking this level could lead Ethereum into a price discovery phase, testing new highs.
5,000$ and Layer 2 Effect
If Ethereum rises to this level, substantial capital inflows into the ecosystem are expected, potentially driving major movements in Layer 2 projects (e.g., OP, STRK, ZKSYNC, ARB).
If 1,692$ and 1,574$ levels hold, a strong recovery may follow.
If 2,083$ - 2,108$ is broken, the uptrend could accelerate.
If Ethereum maintains above 2,534$ - 2,723$, new highs may follow.
If 3,402$ is surpassed, the 5,000$ level could become inevitable.
Watching how ETH reacts at these levels is crucial for determining the best strategy moving forward.
TOTAL2 – Key Levels and Possible Scenarios in the Altcoin Market
TOTAL2, representing the total market capitalization of all altcoins excluding Bitcoin, continues to provide significant signals for the overall market direction. The price movements of Ethereum and major altcoin projects have a direct impact on TOTAL2, so these levels must be monitored closely.
988B → Strong Support Zone Where Buyers Enter
This area indicates the beginning of capital inflows into the altcoin market and rising investor confidence.
If 988B holds, it will be crucial for ETH and other major altcoins to continue their upward trend.
If this support is broken, increased selling pressure may lead to a deeper correction in the market.
1.09T → Turning Point for Uptrend
This level represents a resistance zone where volatility in the altcoin market could rise, and momentum may become crucial.
If TOTAL2 surpasses 1.09T, we may see strong acceleration in the altcoin market, potentially leading to new price discoveries for Ethereum and major altcoins.
However, if a strong rejection occurs here, the price could retrace back to 988B.
1.32T – 1.35T → Key Zone for Strong Altcoin Rally
This area is a critical resistance point for TOTAL2 to enter a new uptrend and initiate major movements in the altcoin market.
If 1.09T is held, TOTAL2’s next target will be the 1.32T – 1.35T range.
Reaching these levels could speed up price movements for Ethereum and major altcoins. However, short-term profit-taking and pullbacks may occur in this region.
If the 988B level holds, the altcoin market will likely remain strong.
Breaking 1.09T could accelerate the uptrend, with Ethereum and large projects likely seeing strong price movements.
The 1.32T – 1.35T region could be where the altcoin bull market reaches new heights.
Tracking TOTAL2's reactions at these levels is crucial for identifying opportunities in the altcoin market.
