Ethereum Analysis for This Week: Bears Show a Slight Edge, and the Transaction Map is Key
2026-08-03 14:48:40
According to CoinMeta, as reported by ForexLive, this week's Ethereum analysis indicates that bears are slightly stronger, but the transaction pattern is crucial for crypto traders. The outlook rating for Ethereum futures is -4/+10, leaning towards a moderate bearish stance. If the price falls below $1,881.50, sellers will still need to confirm their acceptance of a price below $1,848.50 to activate a downward trend. Currently, Ethereum futures trading is near $1,860.50, and the short-term market structure remains bearish. The rebound attempts have failed, and resistance levels have decreased, with the acceptance value gradually approaching the recent range bottom. Despite the weak market, Ethereum is approaching a strong support area between $1,848.50 and $1,857.50, which makes the outlook more balanced than a purely bearish assessment. The key point is that if the price continues to stay below $1,881.50, sellers face a greater risk of entering at $1,852 unless it is confirmed that the support has weakened.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.
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