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ETH Market Analysis:ย ๐ŸŸข Ethereum Market Update โ€“ July 1, 2025



๐Ÿ“Š Current Price:Ethereum (ETH) is trading around $2,485, showing slight weakness today with a minor intraday drop. The price is moving between $2,443 and $2,519 in todayโ€™s range.

๐Ÿ”น Technical Analysis:

โœ… Support Levels:

$2,430 โ€“ Strong intraday support

$2,400 โ€“ Key psychological and structural level

Below $2,400, downside could open to $2,350

โ›” Resistance Levels:

$2,520 โ€“ Immediate resistance

$2,600 โ€“ Next major hurdle

$2,800 โ€“ Longer-term bullish target if breakout holds

๐Ÿ“ˆ Trend Direction:ETH is consolidating in a horizontal channel. Itโ€™s trading slightly below its 20-day moving average, signaling indecision in trend direction. Bulls are defending the $2,430 zone, while bears are selling into strength near $2,520.

๐Ÿ“‰ Indicators Outlook:

RSI: Hovering around 50 โ€“ neutral zone, no clear overbought or oversold signal

MACD: Flat to slightly bearish โ€“ momentum is weakening but no strong trend shift yet

Volume: Low to moderate โ€“ no aggressive buying or selling pressure

๐Ÿ“Š Market Sentiment:The market is in a wait-and-see phase. Traders are cautious ahead of potential macro events or Bitcoin movements. ETH/BTC ratio is stable, suggesting no major rotation between BTC and ETH today.

๐Ÿ” Conclusion:Ethereum is currently range-bound.If price breaks above $2,520, we could see a move toward $2,600โ€“$2,650.If it loses $2,430, downside targets could be $2,350 or even $2,320.

#Crypto# #Trading# #BTC# #Bitcoin# #BullRun#
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Discoveryvip
ยท 07-01 07:55
Thank you for the good information.
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OneStep,TwoSteps,Thrvip
ยท 07-01 04:19
Quick, enter a position! ๐Ÿš—
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OneStep,TwoSteps,Thrvip
ยท 07-01 04:18
Quick, enter a position! ๐Ÿš—
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