📈 Ethereum / USD (1W) – Macro Outlook
Ethereum is consolidating after a strong rally, currently finding support near the 0.382-0.618 Fibonacci retracement zone — a historically key area for continuation setups.
If this structure holds, ETH could be gearing up for its next macro leg, with potential upside targets aligning around:
⚪ Very Likely: ~$6,400
🔵 Likely: ~$7,800
Key Support Levels to watch:
$3,850 → short-term support
$3,220 → major retracement support
As long as ETH maintains higher lows above the 0.618 region, the macro bullish structure remains intact — indicating that Ethereum may just be cooling off before its next impulse.
🚀 Macro trend still favors continuation, but short-term volatility remains high.
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