ETH Weekend Market Analysis
#eth# 💎
Scenario 1: Weak Rebound (Probability 40%) Trigger Conditions:
The price stabilizes around $3480-3500 (previous low support), with RSI recovering from oversold to above 40.
Whales are accumulating on dips (on-chain single-day increase > 5,000 ETH) or ETF fund inflows turn positive 57.
Target price level:
First resistance: $3550 (MA30) → $3620 (MA120), a breakout requires an increase in volume.
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Scenario 2: Downward fluctuation (probability 50%) Trigger conditions:
The price is constrained by MA30 ($3550), the MACD death cross continues, and trading volume