I ASKED #IABANICE A FOR THE FORECAST OF $ETH FOR NEXT WEEK.
It is not possible to 'predict' ETH accurately in 7 days, but I can provide you with a likely scenario for the week based on the current price and market levels (this is not financial advice).
ETH now (reference 01:54 UTC): US$ 2,003.77 (+0.67% in 24h)
Scenarios for the week (7 days)
1) Neutral / sideways (most common):
ETH fluctuates and 'trades' in a range.
Likely range: ~US1,950 to US 2,080 (moderate volatility).
2) Bullish (if the market pulls up):
If there is continued strength and the price holds above ~US$ 2,000.
Targets above: ~US2,080** and then **US 2,150.
3) Bearish (if support is lost):
If there is a pullback and the price loses the support zone.
Areas of concern: ~US1,950**; if lost, it may seek **US 1,880–1,900.
What usually affects ETH during the week
Direction of BTC (often pulls the entire market).
Volatility during high liquidity times (US opening) and macro news.
How to monitor on Binance (practical)
Create price alerts at US$ 1,950 / 2,080.
View the chart in 4H and 1D and observe if the price is making higher highs/lows (bullish) or the opposite (bearish).
If you tell me whether your intention is to trade this week or accumulate, I can adjust these levels for a more objective plan (and I can suggest order types: limit/stop).