ETHUSDT - Ready for Continued Growth
Ethereum / TetherUS PERPETUAL CONTRACT BINANCE:ETHUSDT.P
ETHUSDT
is consolidating above 1898 following a distribution phase. From a technical perspective, the daily structure remains constructive, with ETH showing relative strength compared to Bitcoin, which increases the probability of further upside
Bitcoin is gradually recovering and approaching the key 65,150 trigger level. A breakout above this zone could provide additional support for the broader crypto market.
Against this backdrop, Ethereum has broken out of its local bearish corrective structure and entered a new bullish phase. Buyers are actively defending the 1898.5 support zone, keeping the door open for a continuation toward the 1936–1967 resistance area. At the moment, ETH continues to outperform Bitcoin
Resistance levels: 1936, 1967
Support levels: 1898, 1885
A retest of the nearest support zone remains possible. A long squeeze (liquidity sweep) around this area could become the technical catalyst for another bullish impulse toward the stated upside targets
Best regards,
R. Linda