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Is the crypto market rebounding? Today’s Ethereum analysis

Is the crypto market rebounding? Today’s Ethereum analysis

Ether futures current area: around $1666-$1668
Prediction score: -3 / +10
Primary bias right now: Bearish while Ether futures remain below $1686-$1691
Key idea: Ether futures are trading in a lower balance after a bearish impulse. Sellers still have the advantage below the $1686-$1691 resistance zone, but price is now sitting near the middle of the short-term range, where fresh entries are less attractive.

tradeCompass Summary Map for today’s Ether futures day traders

The level that buyers need to reclaim before this starts looking like a real repair

Buyers need Ether futures to reclaim and accept above:

$1686-$1691

That is the key upside gatekeeper.

A weaker first sign of repair would be a reclaim of $1679-$1680, but the stronger bullish…

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