ETH later

Recent Ethereum Trend Overview

Short-term Volatility Trend:

In the analysis on March 21, it was mentioned that Ethereum followed the decline of Bitcoin at the hourly level, and the daily chart showed a small black candle with upper and lower shadows, and the trading volume decreased by half compared with the previous day. This pattern of “rising in volume and shrinking in volume” is considered to be the beginning of a volatile upward trend.

March 19

The daily chart of Ethereum shows a small bullish candle with a long upper shadow, indicating a neutral technical outlook. In the short term, it may continue to oscillate, with key resistance levels in the range of $1925-2000 and support levels at $1871-1900.

Technical Indicator Analysis:

• In the post on March 17, it was stated that Ethereum is still in a downtrend, with long-term moving averages suppressing the price, the MACD in the negative territory, and the RSI and KDJ not showing oversold signals. A short-term rebound is possible, but if it cannot break through the key resistance level, the downtrend may continue.
• On March 16, it was mentioned that the daily MA30 is still on a downward trend, the MACD shows weakening downward momentum below the zero axis, and the hourly level is oscillating slightly upward but lacks strength.

1. Clearing Heatmap Data:

On March 19, observations indicate that if the price of Ethereum rises to the range of $1940 to $2000, it may trigger a large number of short liquidations; if it falls to $1870 to $1808, it may trigger long liquidations. This suggests that the current market is experiencing intense long and short competition.

2025 Ethereum Price Outlook

Combining predictions from the internet and expert opinions, Ethereum’s trend in 2025 may be influenced by the following factors:

1. Technical Upgrade:
   • The Pectra upgrade is expected to launch on the Ethereum mainnet in March 2025 (refer to Web ID: 8), which will improve user experience and increase the staking limit for validators, among other benefits. If the upgrade goes smoothly, it may boost market confidence and drive prices up.
2. Market Sentiment and External Factors:
   • Bitcoin’s performance usually leads that of Ether. If Bitcoin continues to fluctuate or rise in 2025, Ethereum may follow the trend.
   • The improvement of the regulatory environment in the United States (such as the Trump administration’s friendly attitude towards cryptocurrencies, Web ID: 4) and the inflow of institutional funds (such as the net inflow into Ethereum ETFs, Web ID: 6) are considered potential catalysts for price increases in 2025.
3. Price Prediction Range:
   • Optimistic prediction: Bitwise (Web ID: 4) and some analysts expect Ethereum to possibly break its historical high (around $4891, Web ID: 14), and even reach $10,000 (Web ID: 5), especially driven by the growing demand for DeFi, NFTs, and AI agents.
   • Conservative Forecast: CoinPriceForecast (Web ID: 13) predicts that the price may drop to $2763 by the end of 2025, reflecting regulatory uncertainty and market competition pressure.

Current Possible Trend Speculation

Based on the above data, Ethereum is currently (as of March 21) likely in a consolidation phase, with possible fluctuations in the range of 1800-2000 USD in the short term. If the trading volume increases and breaks through 2000 USD, it may open upward space, targeting 2200 USD or even higher; if it falls below 1870 USD, it may retest the support level at 1800 USD or lower.

Suggestion

• Short-term investors: Focus on the breakout of the resistance level at $1925-$2000 and the support level at $1870, and operate based on changes in trading volume.
• Long-term investors: Can observe the progress of the Pectra upgrade and institutional funding trends, taking advantage of low points to seek potential significant increases in 2025.