Ethereum (ETH) Analysis

Current Price: $2,912
Support: $3,500
Resistance: $3,800–$3,900

Technical:

Possible death cross (50‑day MA below 200‑day MA)

MACD bullish in some scenarios

RSI neutral

Bollinger Bands show rising volatility

Price Action:

Consolidation phase

Break above $4,600–$4,700 → bullish toward $5,200–$5,500

Breakdown below $3,500 → bearish toward $3,300–$3,000

Strategy:

Traders: watch breakout above $4,600+

Investors: accumulation around $3,500–$4,000