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Short-term Trading Model Signals Downside Risk

ETHEREUM CRYPTOCURRENCY

February 07, 2025 at 10:32 PM

BREAKING NEWS
Trading model shows 56.78% probability of further decline from $2,631.40, with high accuracy on upward moves (89.47%). Key technical indicators suggest maintaining bearish bias below $2,900.
Short-term Trading Model Signals Downside Risk
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Ethereum Market Insights: Rapid Trader Briefing

ETH has plunged from $3,525 to test critical support at $2,700. Last week's 35% volatility spike with massive volume surge indicates extreme market stress. ✏️

Price consolidating between $2,700 support and $2,900 resistance. Multiple failed breakout attempts suggest sellers maintain control. Clear levels provide actionable trading opportunities. ✏️

Model shows 56.78% probability of continued decline with 89.47% accuracy on upward moves. Technical analysis supports bearish bias below $2,900. ✏️

Increased buying pressure near $2,500 suggests potential accumulation phase. However, high daily volatility of ±3.2% requires careful risk management. ✏️

Ethereum Shows Significant Price Volatility with Recent Bearish Trend

Ethereum's 30-day price movement with daily trading volume
Ethereum's 30-day price movement with daily trading volume

Recent Price Action Shows Critical Technical Levels

Ethereum's detailed 48-hour price action with volume analysis
Ethereum's detailed 48-hour price action with volume analysis

Short-Term Momentum Analysis Reveals Weakening Market Structure

Ethereum price relative to 4-day moving average with daily returns overlay
Ethereum price relative to 4-day moving average with daily returns overlay

Ethereum Price Direction Analysis and Predictions

Bar chart showing precision and recall metrics for Ethereum price direction predictions, highlighting the model's performance in predicting upward and downward price movements.
Bar chart showing precision and recall metrics for Ethereum price direction predictions, highlighting the model's performance in predicting upward and downward price movements.

Long-term Ethereum Price Forecast and Market Analysis

Line chart showing Ethereum's 7-day and 20-day moving averages with volume bars and key support levels at $2,550 and $2,480.
Line chart showing Ethereum's 7-day and 20-day moving averages with volume bars and key support levels at $2,550 and $2,480.

Ethereum Price Forecast and Risk Analysis

Create a line chart showing daily price volatility with a rolling standard deviation overlay to highlight risk patterns
Create a line chart showing daily price volatility with a rolling standard deviation overlay to highlight risk patterns