📊 Ethereum (ETH/USDT) Market Update + Future Prediction

🕒 Timeframe: 1H | 📍 Current Price: ~$3,024.50
Ethereum is showing signs of short-term bullish strength after bouncing from a local low around $2,930.00. On the 1H chart, we’re observing a decisive recovery with candles pushing above all key moving averages — MA5, MA10, MA30, and EMA10/30 are now forming bullish alignment.
🔍 Technical Breakdown:
1️⃣ MACD Signal:
The MACD line just crossed above the signal (DIF > DEA), and the histogram is flipping green — indicating a momentum reversal from bearish to bullish. This suggests buyers are regaining short-term control.
2️⃣ RSI Outlook:
On the 1H chart, RSI(6) is hovering around 79 — nearing the overbought zone. While that shows strong buying interest, it could also hint at a near-term cooldown or consolidation.
3️⃣ KDJ Momentum:
J line surges to 98+, D and K follow closely. This is a high-momentum breakout signal — typically seen before price continues upward or pauses for reaccumulation.
4️⃣ WR Confirmation:
Williams %R has surged from deep oversold to above -10, confirming bullish momentum. This reversal often follows with continuation toward previous highs.
🔮 Short-Term Prediction:
If momentum sustains above 3,000, ETH may retest the recent local high near $3,084.
A breakout above that could extend toward the next resistance zone around $3,120–3,140.
🛑 Caution: If price drops back below the $2,980 level with weakening MACD and RSI divergence, we could see a correction toward $2,940 before another leg up.
🧠 Multi-Timeframe Refinement:
🔸 15-Minute View: Bullish continuation with short-term consolidation forming a bullish flag pattern.
🔸 4H Chart: Still range-bound between $2,930 and $3,100. Watch for confirmation candle above $3,085 to validate bullish breakout.
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