Ethereum: Where the Next Pullback Could End
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 03 Oct 2026, 09:00 UTC
- Recorded by Tahlil Plus
- 03 Oct 2026, 12:05 UTC
AI-generated source summary
The ETH/USDT analysis on the daily chart shows a bullish ascending channel, with price currently consolidating near the upper boundary. Previous significant highs are identified around 2450, which served as a support zone earlier. The current price is observed at approximately 2667. A potential short-term target is projected towards 3100, aligned with the upper trendline of the channel and potential resistance zones. The fail bound for this bullish scenario is set below the primary support, around 2450, where a breach would invalidate the upward trajectory. On the ETH/BTC chart, the daily view indicates a trendline resistance that has been tested multiple times. Price action shows a three-wave correction (ABC) from a five-wave impulse up, suggesting a potential continuation of the bullish trend against Bitcoin. The current price is around 0.033161. The short-term target is identified near the upper trendline and resistance levels, potentially around 0.03997. The failure for this bullish outlook against Bitcoin would be a break below the 0.026675 level, which corresponds to a significant support area and Fibonacci levels.
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