(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) 
 
 

 Disclaimer: The content of this analysis should not be considered as a study, an investment advice or a recommendation concerning products, strategies or a particular investment opportunity. This content is strictly for illustrative, educational or informational purposes and is subject to change. Investors should not base their investment decision on the content of this site and are strongly recommended to seek independent financial advice for any investment they are considering.