In this video I break down the latest Ethereum price action to determine if this bounce is a sustainable move or just a temporary correction. I analyze the current Elliott Wave structure to see how the recent momentum fits into the broader market outlook and what levels are critical for the next move.
I cover the key support and resistance zones that traders need to monitor as the price navigates this corrective phase. By examining both daily and short term time frames, I explain why I remain skeptical of current price strength and how to identify potential pivots that could signal a trend shift or further downside pressure.
Whether you are looking for specific resistance levels or understanding how wave theory applies to the current market environment, this analysis provides a clear look at the Ethereum path forward. Stay tuned for insights on managing risk during periods of low volume and how to interpret these corrective rallies.
Timestamps:
0:00 – Ethereum Daily Outlook
2:08 – Short Term Analysis
5:27 – Key Resistance Levels
—————————————————————————————–
🧿 MCO Global:
💻 https://www.mcoglobal.com/
✉️ Join the FREE Newsletter:
👉 https://mcoglobal.com/newsletter/
🧿 Join the More Crypto Online Community:
👉 https://www.mcoglobal.com/memberships OR
👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR
👉 https://www.patreon.com/morecryptoonline
🧿 Join the MCO Stocks & S&P500 Community:
👉 https://www.patreon.com/moretradingonline
—————————————————————————————–
🧿 Social Media:
👉 X / Twitter:
https://x.com/Morecryptoonl
👉 Instagram:
https://www.instagram.com/morecryptoonline_official/
🔗 All Links: https://linktr.ee/morecryptoonline
✉️ Contact: info@morecryptoonline.com
—————————————————————————————–
🧿 Exchanges & Brokers (Affiliate Links):
👉 Trade on Bybit:
https://partner.bybit.com/b/MCO
👉 Trade on Bitget:
👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs
🔗 https://geolink.xtb.com/XjNyk
(Please note: XTB services are not available to U.S. clients.)
—————————————————————————————–
🧿 Research & Tools (Affiliate Links):
👉 Tradingview – Chart software
Get a $15 discount on your first subscription:
https://www.tradingview.com/?aff_id=108760
👉 Bitcoin Magazine Pro – On-chain data & research
Get 20% off with code: 20MCO
https://www.bitcoinmagazinepro.com
👉 CoinTracking – Portfolio & tax tracking
Get 10% lifetime discount with this link:
https://cointracking.info/?ref=B776587
👉 Protect your cryptocurrencies with Trezor:
https://bit.ly/morecryptoonline
👉 Protect your cryptocurrencies with Ledger:
https://shop.ledger.com/?r=0fb3c8be2e46
👉 Stay safe with NordVPN:
https://go.nordvpn.net/SH4s0
—————————————————————————————–
⚠️ Disclaimer
The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws.
All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor.
Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel.
⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.
