🟢 ETH/USDT Market Analysis – July 13, 2025

Ethereum (ETH) has shown strong bullish momentum in the last 24 hours, pushing its price to around $2,991.60, a solid +2.62% daily gain. After a quick dip near $2,815.55, the price has been steadily rising, reclaiming critical moving average levels and signaling the beginning of a potential short-term rally.

🔍 Technical Overview:

On the 1-hour timeframe, the MA5, MA10, and MA30 indicators are now stacked upward, indicating a short-term bullish structure. The Exponential Moving Averages are also showing convergence and preparing to spread out, which typically precedes upward volatility.

We noticed a bounce from the $2,900 zone that was followed by consolidation and a gradual uptick, now stabilizing just below the $3,000 psychological resistance. This price behavior reflects healthy accumulation and positioning by short-term traders.

📈 Indicator Sentiment:

MACD is forming a bullish divergence with the histogram slightly increasing, suggesting growing bullish strength.

RSI is hovering around 62, indicating moderate bullish pressure without being overbought—leaving more room for upside.

KDJ is approaching overbought territory, which may lead to small pullbacks or sideways action.

Williams %R is in a moderate zone, not yet showing reversal signals.

🧠 Market Forecast:

The chart setup hints at a potential continuation toward $3,040–$3,100, provided ETH holds above the $2,980 support. A break and close above $3,040 would open the doors to further gains toward the $3,150 region. If rejected, we might revisit $2,950 for a retest.

⚠️ Risk Reminder:

While the trend currently favors the bulls, market volatility remains a key factor. Short-term corrections are always possible, especially near resistance levels like $3,000 and $3,040. Traders are advised to stay alert and use stop-loss strategies.
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