The Infinite Garden priceETH

RT @TedPillows: $BTC and $ETH have been lagging even more now. Gold is holding above the $4,000 level, while the S&P 500 is only 4.5% away…

📉 Market Bets on a December Rate Cut Surge to 83% Traders are sharply ramping up expectations for a Federal Reserve rate cut in December, with probabilities now hitting an impressive 83%. This shift signals growing market confidence that the Fed could ease monetary policy sooner than previously anticipated a development that often fuels risk-on sentiment, including in the cryptocurrency market. Historically, interest rate cuts inject liquidity into markets, giving assets like Bitcoin ($BTC), Ethereum ($ETH), and major altcoins a boost. Investors are watching closely, anticipating that a rate reduction could trigger a strong, liquidity-driven rally. However, there’s a flip side: the market may already be pricing in this optimism. While some traders see a December cut as a catalyst for a crypto breakout, others caution that the hype might lead to a short-term correction if expectations are not met exactly. 💬 The key question now: will the Fed’s potential move spark a fresh surge in crypto markets, or is the current market sentiment overpricing hope? Traders and investors will need to stay nimble as the final policy decisions unfold. $BTC $ETH $USDC

$ETH Technical Analysis and Price Forecast: Ethereum is making down trend started from 25 Oct, after recovered from the 10th Oct Crash. As of Tuesday 25th Nov Ethereum is trading near 2881$. Eth is now forming an uptrend started from 21th Nov. Ethereum treasury company BitMine Immersion Technologies increased its ETH holdings last week. ETH has recovered the $2,850 level after a decline below it last weekend. The recovery suggests whales and accumulation addresses defended their average cost basis, which lies within the $2,800-$2,900 range. The Relative Strength Index RSI is at 35 higher then the oversold level, Moving Average convergence Divergence (MACD) is near to make a bullish crossover indicating the bullish momentum ahead, Ethereum could retest 3200$. However a rejection from 3000$ can result in fall of price near 2650$.

Current Price: $2,892.94 (+3.40% in last 24h) 24h High/Low: $2,985.98 / $2,784.93. $ETH is in a strong short-term uptrend after breaking out from a multi-day consolidation around $2,750–$2,850. Price has now entered the previous resistance zone (~$2,880–$2,950) that rejected it multiple times in early November. 🔹️Key Observations Moving Averages (Bullish alignment) All EMAs are stacked bullishly: EMA10 > EMA20 > EMA30 > EMA60 > EMA90 > EMA180 Price is riding above EMA10 and EMA20 — classic sign of short-term strength. EMA60 ($2,910) and EMA90 ($2,902) are acting as dynamic support right now. 🔹️Rainbow Pattern Full rainbow separation (widely spaced MAs) → strong trending condition. The “rainbow” is starting to flatten slightly at the top → possible exhaustion or consolidation incoming. Momentum Indicators ADX = 30.96 → trend strength is solid (above 25 = trending) +DI (19.35) still above -DI (14.60) → bulls in control, but gap is narrowing RSI (not shown but implied by price action) likely around 60–65 → not overbought yet. Volume 24h volume 77.66K ETH (~$224M) — decent but not explosive. Needs higher volume to sustain push above $2,950–$3,000. 🔹️Key Levels 🔹️Resistance: $2,950–$2,986 (previous highs + psychological $3,000) Immediate support: $2,873–$2,885 (EMA60/90 cluster), then $2,830 (lower rainbow) Deeper support: $2,784 (24h low) — invalidation level for the current swing. Trade Setup (Aggressive & Conservative) 1. Bullish Continuation (Preferred bias) Entry: Long on pullback to $2,885–$2,900 zone (EMA60/90 + previous minor resistance turned support) Stop Loss: $2,870 (below EMA cluster and recent swing low) — ~0.8–1% risk. Take Profit Targets: TP1: $2,950 (previous high) → ~2.2R TP2: $2,986–$3,000 (major resistance) → ~3.8–4R TP3: $3,050–$3,100 (extension, low probability) Risk-Reward: 1:2.5+ very achievable Trigger condition: Higher timeframe (1h/4h) candle close above $2,910 with volume would add strong confluence. 2. Conservative Wait-and-See. Wait for clear break and daily close above $2,986–$3,000 with strong volume → then chase with stop below $2,950. This avoids potential fakeout/rejection at the old highs. 3. Bearish Reversal Setup (Counter-trend — lower probability) Only if price rejects hard at $2,950–$2,986 with bearish divergence + volume spike on rejection: Short entry ~$2,930–$2,940 → SL $3,005 → TP $2,850 then $2,780. Currently not favored — momentum still favors bulls. 🔹️Summary & Recommendation ETH is in a healthy uptrend on lower timeframes with strong EMA support. The path of least resistance remains upward toward $3,000 as long as the price stays above the EMA60/90 cluster (~$2,900–$2,910). Best trade right now: Dip-buy the $2,885–$2,900 zone with tight stop below $2,870. Excellent risk-reward (1:3+) if bulls defend this area. °Watch $2,986–$3,000 closely — that’s the make-or-break level for the next leg to $3,200+ or a deeper correction back to $2,600–$2,700.