Ethereum decrease to $ 1100 is not impossible

ETHEREUM still suffers from a very low market activity, as its price shows minimal fluctuations – a declining signal.

This stagnant behavior increases the possibility of sellers to pay the cryptocurrency below the critical support level of $ 1.5,000 in the coming weeks.

by Shayan

Daily chart

ETHEREUM continues to move over the decisive support area of ​​$ 1.5,000, which is the long -term psychological and structural level that has been held since January 2023. However, the market currently shows a very low activity, with a silent way uniform. This lack of volatility and momentum indicates a state of uncertainty, as buyers or sellers appear domination.

Often these conditions precede great moves, as the market wins the energy waiting for the new supply or demand. From an artistic point of view, the Habudiya feelings dominate the current price procedure. If the pressure pressure is renewed, a decisive break is less than a mark of $ 1.5,000 can lead to a series of $ 1.1 thousand.

However, the short -term corrective decline in the 1.8,000 resistance area remains a possibility before sellers running another attempt to violate the support of $ 1.5,000. The coming days are extremely important, as price procedures are likely to dictate this level the next main direction of Ethereum.

The graph for 4 hours

In the time frame for 4 hours, the narrow ethereum uniformity is clearly visible. The price currently besieged the support of $ 1.5,000 and the upper limits of the concession channel at $ 1.6 thousand, which reflects a market in a balance. This balance indicates a frequency of buyers and sellers.

The collapse of this narrow range will be pivotal. If Ethereum is able to violate the upper border of $ 1.6,000, a short -term recovery may be achieved about $ 1.8,000.

On the contrary, it is possible that the collapse is less than the level of $ 1.5 thousand dollars, a large declining step, which moves the price about $ 1.1,000 in the middle of the period.

by Shayan

The financing rate measure is a crucial indication of feelings in the futures markets. His last behavior analysis provides basic visions about the following movements of Ethereum. It is worth noting that both the price and financing rates reflect the patterns that were observed during the period from September to November 2024, a stage characterized by long unification and deep corrections that eventually preceded a strong upward gathering.

The conditions of the market often reflect the accumulation of smart money, as the beneficiaries benefit from the sale that is moved by panic and the wide distribution among the retail participants. At the present time, the financing rates have decreased to semi -zero values ​​and enhancement, indicating that the market may again enter the accumulation phase.

However, it is important to note that in these stages, there is still another negative aspect. The price may decrease before a meaningful recovery, providing more attractive levels of accumulation by long -term investors.