
(ETH/USDC) - Ethereum Consolidates towards 1250 before any recovery"
Ethereum (ETH/USDC) - 1D Chart Analysis
Date of Analysis: March 31, 2025
Period of Chart: Daily
Strategic Scenario (6 to 12 months)
Ethereum remains within a neutral-to-bullish long-term trend, framed by these key levels:
Resistance: $4,840
Support: $800
The current consolidation phase aligns with a Wave 2 corrective structure in Elliott Wave terms. This phase typically precedes a significant Bullish directional move. The current ETH strong underperformance versus BTC combined with consolidation phase observed on risky asset class such as SNP500 and BTC is highlighting a significant downside risk on ETH towards $800 (Strategic support) before any recovery by the end of the year.
Tactical Scenario (1 to 3 months)
Ethereum is trading within a bearish trend towards $1250 as long as $2260 remains a tactical resistance valid
Tactical Outlook:
Preference: The consolidation within the $2260–$1250 range may persist before the directional structure resolves.
Alternative: A breakout above $2260 will confirm the resumption of the uptrend, with a near-term target at $3,500
Technical Key Elements
RSI (21, SMA 21): Bearish below 50%
Moving Averages (EMA) : Bearish and resistance below $2000
Elliott Wave: Wave (2) towards $1250 in progress
Trade Idea Conclusion
Sell Tactical Strategy:
Consider selling any recovery below $2260 to play an aggressive short move toward $1250.
Buy DCA Strategy:
Consider $1250-$800 as a long-term bottom DCA zone, any test of the support area is considered as a entry level for long-term position
IMPORTANT: The Tactical Pause presents an excellent Smart DCA Zone to consolidate long-term ETH positions. The alignment of strategic and tactical levels provides confidence for investors while offering tactical opportunities for traders. However the Ratio ETH/BTC still shows downside potential calling for better recovery to come on BTC in comparison to ETH
Chart: Daily Basis (Candle Stick) - Logarithmic
Indicators: Exponential Moving Average (21/34/89) - RSI (21)
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