ETH?
Hi
If you got the itch . Do not ignore the symptoms. Get remedy quick.. hahaha
Same like trading.
If you see initial big move. Start small. SL it.
This is trading. We test, we acknowledge.. we move.
Till your caterpillar becomes a full beautiful butterfly.
All the best guys.
NB/ Hoping this will print higher prices.
Not a guru as always.
ETHUSD trade ideas
The Long Haul: ETH EditionHey traders,
Price action is committing very well to structure, and ETH/BTC is also showing a bullish structure. I've entered the swing trade and expect to scale in further as price continues to commit.
PA has swept the lows and is currently forming a 3-touch flag, having swept the inflection point on the LTF. Ideally, I would have preferred a sharper execution, but this entry is sufficient for now. I’ll look to add to the position if the market allows and once I can take risk off the table.
CRYPTO:ETHUSD
BINANCE:ETHBTC
CRYPTOCAP:TOTAL2
Ethereum - This structure decides everything!Ethereum - CRYPTO:ETHUSD - trades at a key structure:
(click chart above to see the in depth analysis👆🏻)
After Ethereum retested the previous all time high in the end of 2024, we saw quite a harsh move lower. This move was followed by an expected recovery, however Ethereum is still trading below a key structure. Either move is still possible and will shape the future of Ethereum.
Levels to watch: $2.500, $4.000
Keep your long term vision!
Philip (BasicTrading)
ETHEREUM Perhaps the easiest long out there.Ethereum (ETHUSD) is consolidating just above the Buy Zone of the Mayer Multiple Bands (MMBs) where it rebounded on its April bottom.
Throughout its historic price action, every time it hit this Zone and rebounded, it reached at least the bottom of its Mean MM zone (red Zone).
As a result, $4000 towards the end of the year may be the easiest Target in the market right now.
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ETHUSD coiling pattern breakout support at 2170.Trend Overview:
ETHUSD remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 2,170 (primary pivot), followed by 2,080 and 1,980
Resistance: 2,610 (initial), then 2,800 and 2.920
Technical Outlook:
A pullback to the 2,170 level, which aligns with the previous consolidation zone, could act as a platform for renewed buying interest. A confirmed bounce from this support may trigger a continuation toward the next resistance levels at 2,610, 2,800, and ultimately 2,920.
Conversely, a daily close below 2,170 would suggest weakening bullish momentum. This scenario would shift the bias to bearish in the short term, potentially targeting 2.080 and 1,980 as downside levels.
Conclusion:
ETHUSD maintains a bullish structure while trading above the 2,170 support. A bounce from this level would validate the consolidation as a continuation pattern, with upside potential toward the 2,610 area. A breakdown below 2,170, however, would invalidate this view and suggest deeper corrective risk.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ETHUSD broke the Resistance level 2500.00 range 👀 Possible scenario:
Ethereum is trading above $2,400 after a volatile stretch, showing resilience but lacking a clear breakout. CryptoQuant data shows strong accumulation by long-term holders during recent consolidation, suggesting solid support beneath the surface. However, weakening volume and macro risks still raise the chance of a pullback if support levels break.
Adding pressure, a whale entity recently moved over 62,000 ETH ($154M) to exchanges, with another $83M still in holding—posing a near-term sell-off risk. Traders now await a decisive move. A break above $2,500 could spark momentum, but caution remains as market sentiment stays mixed.
✅ Support and Resistance Levels
Support levels is now located at 2,400.00.
Now, the resistance level is located at 2,550.00.
ETH Pushed Back, Support in Sight
ETH on the 4H just closed below the last daily close and the 0.5 Fib again, after getting pushed back from the 4H 200MA and daily 200MA resistance zone.
The next key supports are the weekly 200MA and the local support zone.
Also worth noting: Trump and Musk are stirring things up again. The last time this dynamic appeared, it triggered a selloff a few weeks ago, even before the conflict began.
Always take profits and manage risk.
Interaction is welcome.
Ethereum, Generational opportunity is on its way Ethereum has been bearish for already couple years, and if you feel like me - missed out, then let me tell you that we might actually get golden entries
I am thinking we will witness Ethereum under 700 dollars once again, just before the world moves onto next stage - digital AI age
This is detailed Elliott Wave breakdown
ETHUSD: Parabolic rally similar to 2017 targets $7,300Ethereum is neutral on its 1D technical outlook (RSI = 50.960, MACD = -24.810, ADX = 18.527), attempting to break over the 1D MA50, while still being inside a 6 week consolidation. This is no different than the 2016 consolidation on the 1W chart, that turned out to be just an accumulation pattern before a massive 2017 bullish breakout to the 4.0 Fibonacci extension. Time to go heavily long on ETH with TP = 7,300.
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Market next target 🔀 Disruption Analysis – Bullish Alternative Scenario
The current chart suggests a bearish outlook from the resistance zone (~$2,495–$2,500), targeting a drop below $2,425. However, here’s how a bullish disruption could break this bearish narrative:
---
🟢 Bullish Disruption Possibility:
1. Support Reclaim & Strong Buyer Reaction:
If price reclaims and holds above the marked “support area” (~$2,495), it could signal strength and trap early sellers.
A strong bullish candle closing above $2,505 could invalidate the bearish scenario.
2. Higher Low Formation:
If ETH prints a higher low above $2,470, it would suggest buyers are stepping in early, reinforcing bullish momentum.
3. Target Shift – Bullish Continuation:
A confirmed breakout above $2,505 may open the path to $2,540–$2,560 as the new short-term target zone.
4. Momentum Catalyst:
A positive U.S. macroeconomic event or crypto-specific bullish news (e.g., ETF, institutional inflows) could fuel upside disruption.
Navigating the ETH Volume Wall as Capital Rotates to High-Beta
In the intricate and often volatile theater of the cryptocurrency markets, Ethereum (ETH) currently finds itself in a moment of profound tension. As the undisputed king of smart contracts and the foundational layer for decentralized finance (DeFi), its price action sends ripples across the entire digital asset ecosystem. The current outlook presents a fascinating dichotomy: on one hand, Ethereum is staring down a formidable "volume wall," a dense zone of historical trading activity that acts as a powerful barrier to upward momentum. On the other hand, the tantalizing prospect of a decisive breakout above the key $2,900 level beckons, promising a new leg up for the bull market.
This standoff has created a fertile ground for a classic market phenomenon: capital rotation. As Ethereum grinds sideways, battling for every percentage point against heavy resistance, impatient capital is beginning to flow into more nimble, higher-risk assets within its orbit. Traders and investors are increasingly eyeing "cheap crypto"—smaller, more volatile altcoins built on or related to the Ethereum network. These "ETH beta" plays are rallying in anticipation of an eventual Ethereum breakout, offering the potential for outsized returns.
This comprehensive analysis will dissect the complex dynamics shaping Ethereum's current price outlook. We will explore the nature of the heavy volume wall that is capping its ascent and the strategic implications of the resulting price range. We will then delve into the mechanics of capital rotation, examining why traders are turning to lower-cap altcoins as a proxy for Ethereum's future success. Finally, we will weigh the bullish and bearish cases, charting the potential path to a $2,900 breakout while acknowledging the significant risks that could invalidate the optimistic thesis. For investors and market observers, understanding this intricate dance between consolidation, rotation, and breakout potential is paramount to navigating the next chapter in Ethereum's journey.
Part 1: The Great Wall of Ethereum - Deconstructing the Heavy Volume Range
To understand Ethereum's current struggle, one must first grasp the concept of a "volume wall." This is not a literal barrier, but a powerful technical and psychological construct visible on a price chart. It represents a price range where an unusually high volume of tokens has changed hands in the past. This area of high trading concentration becomes a major point of contention for future price movements, acting as a powerful magnet for both support and, in this case, resistance.
What is a Volume Wall and Why Does It Form?
A volume wall is best visualized using an indicator like the Volume Profile Visible Range (VPVR). Unlike traditional volume bars at the bottom of a chart that show volume per unit of time, the VPVR displays it horizontally, showing volume per price level. A large, protruding bar on the VPVR signifies a "High-Volume Node" (HVN), which is the technical term for a volume wall.
These walls form for several key psychological reasons:
1. Breakeven Sellers ("Bagholders"): A significant number of market participants may have bought ETH within this price range during a previous rally. When the price fell, they were left holding at a loss. Now, as the price returns to their entry point, their primary emotion is relief. Their goal is not to make a profit, but simply to exit their position at breakeven. This creates a steady stream of sell orders as the price enters the high-volume zone.
2. Strategic Profit-Takers: Investors who bought Ethereum at much lower prices see this high-volume area as a logical and predictable place to take profits. They recognize it as a zone of contention and potential reversal, making it an opportune moment to sell a portion of their holdings and de-risk.
3. Opportunistic Short-Sellers: Traders who are bearish on Ethereum view the volume wall as a high-probability area for the price to be rejected. They will strategically place short-sell orders within this range, adding to the selling pressure and betting on a move back down.
When these three forces converge, they create a formidable supply zone that can absorb a tremendous amount of buying pressure. For Ethereum to break through, it requires a catalyst strong enough to overwhelm this confluence of sellers.
Identifying Ethereum's Current Range
For the purpose of this analysis, let's assume this heavy volume wall for Ethereum is situated roughly between $2,750 and $2,850. This range becomes a battleground. When the price enters this zone, it often loses momentum and begins to move sideways in a "chop," characterized by volatile price swings without a clear direction.
The implications of being trapped below such a wall are significant. The market enters a state of consolidation or ranging. This means that for the time being, the explosive, directional trend is on pause. Bulls and bears are locked in a battle for control, and until one side emerges victorious, the price will likely remain contained. This period of consolidation, while frustrating for trend-followers, is a critical phase where the market digests previous gains, flushes out weak hands, and builds energy for its next major move. The key question for every trader is which direction that move will be.
Part 2: The Rotation Game - Chasing Beta in a Sideways Market
When a market leader like Ethereum enters a prolonged consolidation phase, a fascinating secondary effect begins to take hold: capital rotation. Traders and investors, particularly those with shorter time horizons, grow impatient with the lack of volatility in the primary asset. Their capital seeks higher returns and more immediate action, leading them to rotate out of the ranging asset and into more speculative plays. In the context of the crypto market, this often means moving into "high-beta" altcoins.
Understanding "ETH Beta"
In traditional finance, "beta" measures an asset's volatility in relation to a benchmark, like the S&P 500. An asset with a beta of 1.5 is expected to move 1.5% for every 1% move in the benchmark. In cryptocurrency, Ethereum itself often acts as a benchmark for the broader altcoin market.
"ETH beta" refers to altcoins that are highly correlated with Ethereum's price but exhibit much higher volatility. These are typically smaller, newer, or more speculative projects within Ethereum's ecosystem. The logic behind the "ETH beta play" is straightforward:
• If you believe Ethereum will eventually break through its resistance wall and rally, you can simply buy and hold ETH.
• However, if you want to maximize potential returns, you can instead buy a high-beta altcoin. The thesis is that when ETH finally moves up 10%, this smaller altcoin might surge 30%, 50%, or even more.
This strategy is essentially a leveraged bet on Ethereum's success, but without using financial leverage like futures or options. The leverage comes from the inherent volatility of the smaller asset.
The Allure of "Cheap Crypto"
The rotation often targets what is colloquially known as "cheap crypto." This term doesn't necessarily mean the project is undervalued, but rather that its token has a low unit price (e.g., under $1 or even fractions of a cent). This has a powerful psychological appeal:
• Accessibility: It feels more accessible to buy 1,000,000 tokens of a memecoin for $1,000 than to buy a fraction of one ETH.
• Perceived Upside: The low unit price creates the perception of explosive growth potential. It's psychologically easier to imagine a token going from $0.01 to $0.10 (a 10x return) than it is to imagine ETH going from $2,800 to $28,000.
During Ethereum's consolidation, we would likely see this rotation manifest in several key sectors of its ecosystem:
• Layer 2 Solutions: Projects like Arbitrum (ARB), Optimism (OP), and Polygon (MATIC) are prime candidates. They are fundamentally linked to Ethereum's scalability and success, making them a direct beta play. As traders anticipate an ETH breakout, they will front-run the move by accumulating these L2 tokens.
• DeFi Blue Chips and Dapps: Protocols for lending, borrowing, and trading, such as Uniswap (UNI), Aave (AAVE), or Lido (LDO), also fall into this category. Their usage and value are directly tied to the health of the Ethereum network.
• Memecoins and Newer Narratives: This is the highest-risk, highest-reward end of the spectrum. Memecoins built on Ethereum (like PEPE or SHIB) or on its Layer 2s can experience parabolic rallies based on pure speculation and social media hype, driven by the narrative that a rising ETH tide will lift all boats.
This rotation is a double-edged sword. While it signals underlying bullish conviction in the Ethereum ecosystem, it also diverts buying pressure away from ETH itself, potentially prolonging the consolidation phase. However, it is a clear sign that the market is positioning for an eventual breakout.
Part 3: The Bull Case - Charting a Path to the $2.9K Breakout
Despite the formidable resistance, a powerful bull case for Ethereum is building, suggesting that a breakout above the $2,900 level is not a matter of if, but when. This optimism is rooted in a combination of bullish technical patterns, strengthening on-chain fundamentals, and a powerful external narrative.
The Technical Setup for a Breakout
While the price may be moving sideways, a closer look at the chart often reveals underlying strength building beneath the surface. Several technical patterns and indicators could signal an impending breakout:
• Ascending Triangle Formation: A classic bullish pattern. This would be characterized by the price making a series of higher lows while being capped by the horizontal resistance of the volume wall (around $2,850-$2,900). The higher lows indicate that buyers are becoming more aggressive on each dip, squeezing the price upwards against the resistance. A breakout from the top of this triangle would be a powerful technical signal.
• Bullish Engulfing or Hammer Candlesticks: The appearance of strong bullish candlestick patterns at key support levels below the range would indicate that buyers are stepping in with force, absorbing selling pressure and defending the uptrend.
• Resetting Momentum Oscillators: During a consolidation phase, indicators like the Relative Strength Index (RSI) will cool off from "overbought" levels. If the RSI can reset back to neutral territory (around 50) while the price remains stable, it suggests the market is building up energy for another push higher without being overextended. A "hidden bullish divergence," where the price makes a higher low while the RSI makes a lower low, would be an even stronger signal of trend continuation.
• Support from Key Moving Averages: For the bull case to remain intact, Ethereum's price must hold above critical long-term moving averages, such as the 50-day and 200-day Simple Moving Averages (SMAs). These levels often act as dynamic support, and successful bounces from them reinforce the underlying bullish trend.
Fundamental and On-Chain Catalysts
Beyond the charts, Ethereum's fundamental health provides a strong tailwind for a potential rally:
• The Spot Ether ETF Narrative: The single most powerful potential catalyst on the horizon is the approval of a spot Ether ETF in the United States. Following the monumental success of the Bitcoin ETFs, the market anticipates that an Ether ETF would unlock a similar torrent of institutional capital. This narrative alone is enough to encourage accumulation, as investors look to position themselves ahead of a potential approval. Any positive news or regulatory progress on this front could provide the immense buying pressure needed to shatter the volume wall.
• Deflationary Supply Dynamics (The Burn): Thanks to the EIP-1559 upgrade, a portion of every transaction fee on Ethereum is "burned," or permanently removed from circulation. During periods of high network activity, this can make ETH a deflationary asset, meaning more coins are being destroyed than created. This programmatic scarcity is a powerful long-term value driver that makes holding ETH more attractive.
• The Growth of the Layer 2 Ecosystem: The success of Layer 2 solutions like Arbitrum and Optimism is not a threat to Ethereum but a testament to its success. These networks bundle transactions and settle them on the Ethereum mainnet, increasing its overall throughput and utility. A thriving L2 ecosystem drives demand for ETH as the ultimate settlement and data availability layer, strengthening its fundamental value proposition.
• Staking and Supply Sinks: A significant and growing portion of ETH's total supply is locked up in staking contracts to secure the network. This staked ETH is effectively removed from the liquid, circulating supply available for sale on exchanges. This continuous supply reduction creates a "supply shock" dynamic, where even a moderate increase in demand can have an outsized impact on the price.
When these technical and fundamental forces align, they create a powerful case that the consolidation phase is a temporary pause before the next major uptrend. A decisive break and close above $2,900 would liquidate short positions, trigger FOMO (Fear Of Missing Out) buying, and likely signal the start of a rapid move towards the next major psychological and technical target, potentially $3,500 or higher.
Part 4: The Bear Case and Prevailing Risks
A balanced analysis requires acknowledging the significant risks that could invalidate the bullish thesis. The volume wall is formidable for a reason, and a failure to break through could lead to a sharp reversal. Several factors could contribute to a bearish outcome for Ethereum.
Rejection at the Wall
The most immediate risk is a decisive rejection from the volume wall. If buying pressure wanes and sellers take firm control within the $2,750-$2,850 range, it could signal a local top. This would likely be confirmed by a break below the recent series of higher lows and key moving averages. Such a rejection could trigger a cascade of stop-loss orders from long positions, accelerating a move downwards to retest lower support levels, potentially in the $2,400-$2,500 range.
Macroeconomic Headwinds
As a major global asset, Ethereum is not immune to the broader macroeconomic environment. A "risk-off" sentiment sweeping through traditional markets would almost certainly impact crypto. Factors that could trigger this include:
• Hawkish Central Bank Policy: Unexpectedly high inflation data could force central banks like the Federal Reserve to maintain high interest rates for longer, or even signal further hikes. This "tight liquidity" environment is generally negative for risk assets like cryptocurrencies.
• Geopolitical Instability: An escalation of global conflicts can cause investors to flee to perceived safe havens like the US dollar or gold, pulling capital away from more speculative markets.
• Recessionary Fears: Signs of a weakening global economy could dampen investor appetite for risk, leading to broad-based selling across asset classes.
Regulatory Uncertainty
Regulatory risk remains a persistent cloud over the entire crypto industry, and Ethereum is at the center of a key debate. The U.S. Securities and Exchange Commission (SEC) has not definitively clarified whether it views ETH as a commodity (like Bitcoin) or a security. A negative ruling, or even prolonged legal battles suggesting it will be classified as a security, could have a chilling effect on the market. It would create significant compliance hurdles for exchanges and could derail the spot Ether ETF narrative entirely. Any negative headline on this front could be the catalyst that turns the volume wall from a temporary obstacle into an impenetrable ceiling.
Competitive Pressures
While Ethereum remains the dominant smart contract platform, it faces ever-growing competition from other Layer 1 blockchains (often dubbed "ETH Killers") like Solana, Avalanche, and others. These platforms boast high transaction speeds and low fees and are constantly vying for market share in the DeFi and NFT spaces. While a multi-chain future is the most likely outcome, a significant migration of developers and users away from Ethereum to a competitor could erode its network effect and negatively impact its long-term valuation.
Conclusion: A Pivotal Moment of Decision
Ethereum stands at a critical juncture, a crossroads where powerful bullish and bearish forces are locked in a tense equilibrium. The price is pinned against a heavy volume wall, a technical barrier representing the collective memory of the market. This has forced the asset into a period of consolidation, a sideways grind that is testing the patience of even the most steadfast bulls.
This very consolidation is fueling a secondary narrative of capital rotation, where traders, anticipating an eventual breakout, are channeling funds into higher-volatility "ETH beta" plays. The rallies in Layer 2 tokens and other ecosystem projects are a vote of confidence in Ethereum's future, a sign that the market is positioning for upside. The fundamental picture, bolstered by the potential of a spot ETF, deflationary supply mechanics, and a thriving ecosystem, provides a strong foundation for the bull case. The path to a $2,900 breakout seems not only possible but plausible.
However, the risks are undeniable. A failure to breach the wall could lead to a sharp correction, exacerbated by potential macroeconomic headwinds or negative regulatory surprises. The outcome of this battle will be pivotal. A successful breakout would reaffirm Ethereum's market leadership and likely kickstart a new wave of adoption and price appreciation across the entire altcoin space. A rejection would signal a deeper correction and a longer period of uncertainty. For now, the market holds its breath, watching the wall, waiting for the rotation to culminate, and anticipating the decisive move that will set the tone for the months to come.
ETHUSD is moving within the 2110.00 - 2500.00 range 👀Possible scenario:
Ether briefly crossed $2,500 on June 29 but remained range-bound on June 30, fluctuating between $2,445 and $2,525. Traders are closely eyeing this resistance level amid rising volatility and renewed investor interest. With $269 million in net inflows in the past 24 hours, sentiment is improving. A clean breakout above $2,500 could drive further upside, but for now, THE remains in a tight consolidation, with traders on alert for the next move.
On the fundamentals side, Ethereum continues to strengthen. Over 35 million ETH—worth \$84 billion—are now staked, representing 28.3% of total supply. June saw a spike in staking after the SEC’s supportive guidance, though concerns linger as Lido, Binance, and Coinbase now control nearly 40% of validator power. Adding to momentum, the Ethereum community launched an onchain “time capsule” at EthCC, inviting users to lock messages and memories until the network’s 11th anniversary in 2026.
✅ Support and Resistance Levels
Support levels is now located at 2,400.00.
Now, the resistance levels are located at 2,500 and 2,550.00.
ETH Ready for Lift-Off: Traders Eye +14% Surge Toward $2,813Ethereum has been consolidating in a large sideways range after recovering from a steep decline earlier this year. The chart clearly shows a defined support zone and key resistance area, with price currently trading just above mid-range and attempting to reclaim bullish momentum.
Chart Structure Highlights
• Support Zone: Around $2,231 – $2,232, which has been tested multiple times and held firmly, confirming strong demand here.
• Key Resistance / Take Profit Area: Near $2,813, a major level where price was repeatedly rejected in the past.
• Consolidation Box: A ~50-day range between support and resistance, suggesting accumulation.
• Recent Price Action: ETH is attempting to break out of the upper side of this consolidation, with buyers gradually stepping in.
Trade Setup
✅ Entry Zone: $2,450–$2,460
ETH is currently near this area, which represents a conservative breakout attempt from the range. Traders may look for confirmation candles closing above $2,460 for added conviction.
✅ Stop Loss: $2,231
Placed just below the lower edge of the support zone to protect against a failed breakout and renewed selling.
✅ Take Profit Target: $2,813
This is the key resistance level marked on the chart, offering approximately +14% upside from the entry.
Reward-to-Risk Profile
• Potential Reward: ~$353 (+14.3%)
• Potential Risk: ~$228 (-9.2%)
• Reward:Risk Ratio: ~1.55:1
Summary of the Setup
Ethereum has spent nearly 50 days consolidating between $2,230 and $2,813, and is now threatening a breakout to the upside. This creates a favorable swing trade scenario with a clear invalidation level below the strong support zone. A sustained move above the consolidation could target the $2,813 resistance in the coming weeks.
ETHUSDT Weekly Technical OutlookETHUSDT Weekly Technical Outlook
Acting as a strong intermediate support, aligning with previous accumulation range Major psychological and technical support zone, possible final defence before a bullish continuation.
Ethereum (ETH) appears to be forming a base between $2200 and $2000, suggesting a potential accumulation phase. This consolidation indicates that ETH may be preparing for a strong bullish move A heavy pump
You may find more details in the chart Ps Support with like and Comments for Better analysis Thanks for supporting.
Ethereum H4 | Potential bearish reversalEthereum (ETH/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,551.80 which is a pullback resistance that aligns closely with the 78.6% Fibonacci retracement.
Stop loss is at 2,700.00 which is a level that sits above the 127.2% Fibonacci extension and an overlap resistance.
Take profit is at 2,364.35 which is a pullback support.
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ETHEREUM WILL GROW|LONG|
✅ETHEREUM consolidated
Above the horizontal support
Around 2400$ and now we are
Finally seeing a bullish rebound
So we are bullish biased and
We will be expecting a
Further move up
LONG🚀
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ETH/USDExpecting something like this on most alts.
I've been waiting patiently for a real correction in everything, but my timing was drastically off. Looks like FOMO is still in charge. My guess, stock market to ATH after ATH for a while and a final wave of FOMO for crypto will enter the air.
I believe the majority are expecting a COVID-like rebound, followed by rally continuation, but the majority tends to be wrong.
What I can tell you is the true crypto bull run will not begin on optimism, as it has been...
It will begin on pessimism.
ETHUSD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse ETHUSD together☺️
The market is at an inflection zone and price has now reached an area around 2,437.2 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 2,426.5..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
ETHUSD – V-Recover, Then WaitEthereum broke down heavily to $2,371 before mounting a V-shaped recovery. After reclaiming the $2,420–$2,430 area, price entered a broad chop zone. Multiple local higher lows signal strength building, though upside is capped near $2,460. Breakout traders should watch for a clean move above $2,465 for momentum continuation. Breakdown below $2,435 invalidates.