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Ethereum Golden Cross: ETH Eyes $3,000 BreakoutEthereum Flashes Golden Cross: A Bullish Beacon or a Fleeting Glimmer for the $3,000 Target? The cryptocurrency market is once again abuzz with technical signals, and this time, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is in the spotlight. Traders and analysts are keenly observing a "Golden Cross" that has recently manifested on Ethereum's price charts. This classic bullish indicator has historically been associated with potential upward momentum, igniting discussions and hopes among investors: could this be the catalyst that propels ETH bulls to conquer the coveted $3,000 price level? Understanding the Golden Cross: A Primer Before diving into Ethereum's specific prospects, it's crucial to understand what a Golden Cross signifies. In technical analysis, a Golden Cross occurs when a shorter-term moving average (MA) of an asset's price crosses above a longer-term moving average. Most commonly, this involves the 50-day moving average (50-MA) moving above the 200-day moving average (200-MA). The rationale behind its bullish interpretation is straightforward: the 50-MA reflects the average price over the last 50 trading days, representing recent momentum. The 200-MA, on the other hand, represents the longer-term trend. When the shorter-term momentum (50-MA) surpasses the longer-term trend (200-MA) from below, it suggests that the recent buying pressure and positive price action are strong enough to potentially shift the overall market sentiment and initiate a more sustained uptrend. However, it's vital to approach this signal with a degree of caution. The Golden Cross is a lagging indicator, meaning it confirms a trend that has already been underway for some time, rather than predicting a future one with certainty. By the time a Golden Cross appears, a significant portion of the initial upward move might have already occurred. Furthermore, like all technical indicators, it's not infallible. False signals can happen, where a Golden Cross appears but fails to lead to a sustained rally, sometimes even preceding a market downturn. Therefore, while a Golden Cross is a positive sign, it’s best used in conjunction with other indicators and a broader market analysis. Ethereum's Current Landscape and the Significance of the Signal For Ethereum, the appearance of a Golden Cross is a noteworthy development, especially considering its price action in recent months. After periods of consolidation and navigating broader market uncertainties, such a signal can inject a fresh wave of optimism. It often attracts trend-following traders and algorithms programmed to react to such patterns, potentially increasing buying pressure. The journey towards $3,000 for Ethereum is not just a numerical target; it represents a significant psychological level. Reclaiming this mark would signify a strong recovery and could pave the way for further exploration of higher price territories. The Golden Cross, in this context, acts as a technical validation for bulls who believe in Ethereum's underlying fundamentals and its potential for growth. Factors Fueling the Bullish Case for ETH to $3,000 Several factors, beyond the Golden Cross itself, could support a bullish push for Ethereum towards the $3,000 milestone: 1. Strong Network Fundamentals: Ethereum continues to be the dominant smart contract platform, hosting the vast majority of decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and a burgeoning ecosystem of Layer 2 scaling solutions. Ongoing development, such as progress on future upgrades aimed at enhancing scalability and efficiency (like proto-danksharding with EIP-4844), bolsters long-term confidence. 2. The Impact of "The Merge" and Staking: The transition to a Proof-of-Stake (PoS) consensus mechanism (The Merge) has fundamentally changed Ethereum's tokenomics. It significantly reduced new ETH issuance and, coupled with the EIP-1559 fee-burning mechanism, has often made ETH deflationary during periods of high network activity. The growth in staked ETH, which secures the network and earns rewards for stakers, also reduces the liquid supply available on exchanges, potentially creating upward price pressure. 3. Layer 2 Scaling Solutions Gaining Traction: Solutions like Arbitrum, Optimism, zkSync, and StarkNet are increasingly handling a significant portion of Ethereum's transaction load. This alleviates congestion on the mainnet, reduces gas fees for users interacting with these Layer 2s, and improves the overall user experience, making the Ethereum ecosystem more attractive and scalable. As these solutions mature and gain wider adoption, they enhance Ethereum's value proposition. 4. Renewed Institutional Interest: While institutional adoption of crypto can be cyclical, a clear bullish signal like a Golden Cross, combined with improving macroeconomic conditions or regulatory clarity, could reignite interest from larger financial players looking for exposure to digital assets beyond Bitcoin. Ethereum's utility and its role as a platform for decentralized applications make it an attractive candidate for institutional portfolios. 5. Positive Market Sentiment: The cryptocurrency market is heavily influenced by sentiment. A Golden Cross can contribute to a positive feedback loop: the signal encourages buying, which pushes prices up, further reinforcing bullish sentiment and attracting more participants. If Bitcoin, the market leader, also shows strength, it often creates a favorable environment for altcoins like Ethereum to rally. 6. Growing NFT and DeFi Ecosystems: Despite market fluctuations, innovation within the NFT and DeFi sectors on Ethereum continues. New use cases, improved user interfaces, and greater mainstream adoption of these technologies can drive demand for ETH, which is used to pay for transactions and interact with these applications. Potential Headwinds and Obstacles on the Path to $3,000 Despite the optimism generated by the Golden Cross, several challenges could hinder Ethereum's ascent to $3,000: 1. Macroeconomic Uncertainty: Broader economic factors, such as inflation rates, interest rate policies by central banks, and geopolitical events, can significantly impact risk assets, including cryptocurrencies. A deteriorating macroeconomic outlook could dampen investor appetite and stall any potential rally. 2. Regulatory Scrutiny: The regulatory landscape for cryptocurrencies remains a significant unknown in many jurisdictions. Unfavorable regulations or enforcement actions targeting Ethereum, DeFi, or staking could negatively impact its price. 3. Technical Resistance Levels: The path to $3,000 is likely to encounter several technical resistance levels where selling pressure might increase. Traders will be closely watching these zones, and failure to break through them decisively could lead to pullbacks. 4. Profit-Taking: As the price of ETH rises, especially after a significant signal like a Golden Cross, traders who bought at lower levels may decide to take profits, creating selling pressure that needs to be absorbed by new buyers for the uptrend to continue. 5. Competition: While Ethereum is the dominant player, it faces ongoing competition from other Layer 1 blockchains (e.g., Solana, Avalanche, BNB Chain) that also aim to offer scalable smart contract platforms. Significant advancements or adoption shifts towards competitors could impact Ethereum's market share and sentiment. 6. The "False Signal" Risk: As mentioned earlier, no technical indicator is perfect. The Golden Cross could prove to be a false signal if broader market conditions turn bearish or if unforeseen negative catalysts emerge. Conclusion: A Promising Signal, But Prudence is Key The appearance of a Golden Cross on Ethereum's charts is undeniably a positive development that warrants attention. It provides a technical basis for bullish optimism and could indeed be a contributing factor if ETH is to make a sustained push towards the $3,000 mark. The combination of this signal with Ethereum's strong network fundamentals, ongoing technological advancements, and the deflationary pressures from its tokenomics paints a compelling picture for potential price appreciation. However, investors should approach this scenario with a balanced perspective. The Golden Cross is a piece of the puzzle, not the entire picture. Its predictive power is enhanced when considered alongside other market indicators, fundamental analysis, and the overall macroeconomic environment. While bulls may feel emboldened by this signal, the path to $3,000 will likely involve navigating volatility, overcoming resistance levels, and contending with potential external shocks. Ultimately, whether Ethereum can leverage this Golden Cross to reach $3,000 will depend on a confluence of factors: sustained buying momentum, continued positive developments within the Ethereum ecosystem, a favorable broader market sentiment, and the absence of significant negative catalysts. For now, the Golden Cross serves as a beacon of hope for ETH holders, but diligent research, risk management, and an awareness of the inherent uncertainties in the crypto market remain paramount.
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by bryandowningqln
#ETH/USDT#ETH The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We are seeing a rebound from the lower boundary of the descending channel, which is support at 2313. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 2400 First target: 2466 Second target: 2512 Third target: 2602
BLong
by CryptoAnalystSignal
ETH (5 year of accumulation!)ETH / USDT 📌 Background: i shared an analysis about ETH/BTC chart and i predicted the ultimate bottom, from which ETH/BTC pumped 52% and ETH/USDT pumped 97% in few days ! you can check previous analysis: click here 📌 Today we have different chart against stable coin … Ethereum is being accumulated since 5 years in mega accumulation range with 2 major stop-loss hunt (long and short) 📌 What IF ? What if ETH made a breakout throughout this accumulation ? i think we can see scenario like that in the green candles in my chart DO YOU AGREE ?
Long
by Babenski
29
ETH/USDT – First Support in the Blue BoxETH has been slowing down after its latest push, and the first real area to watch is that blue box below price. It’s where buyers will likely step back in, and a clean reaction there could spark a bigger move—especially if ETH/BTC starts to turn higher at the same time. What you need before pulling the trigger • A volume surge that outstrips the prior pullback and aligns with a bullish CDV divergence • A quick break under the blue box on your one- or five-minute chart followed by a fast reclaim, showing order flow flipped to the buy side • Genuine buying pressure, not just a wick into the zone “If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long.” Jumping in without those confirmations is the easiest way to get shaken out. But if ETH dips into that box, lights up on volume and CDV, and then retests cleanly on the low timeframe, that’s your signal. With ETH/BTC potentially gearing up to rise too, a solid bounce here could turn into something you don’t want to miss. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! 📊 Simple Red Box, Extraordinary Results I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Long
by UmutTrades
1
ETH Long Setup: TP at $2,878 / $3,749 / $4,111Ethereum (ETH/USD) has printed a significant bullish candle on Thursday, May 8, 2025, signaling the beginning of a strong upside move. After consolidating for several weeks, ETH has broken above previous resistance levels, suggesting a renewed bullish trend toward its all-time high. 🔍 Technical Observations A strong bullish engulfing candle on May 8 confirms buying interest and momentum shift. ETH is currently trading around $2,578, after breaking past short-term resistance. This move is supported by rising momentum on the TSI (True Strength Index), which confirms the strength of the current breakout. Long-Term Support Zone The $1,390 level has acted as a strong long-term support and served as the launchpad for this rally. Price respected this zone during the recent accumulation phase and is now moving firmly upward. 🎯 Take Profit Levels I have identified the following Take Profit (TP) targets based on historical resistance zones and price structure: TP1: $2,878 – Local resistance from the previous range. TP2: $3,447 – Corresponds with the last major breakdown level. TP3: $3,749 – Another key resistance zone from earlier this year. TP4 (All-Time High): $4,111 – Major psychological and technical resistance. 🔻 Stop Loss Strategy A static Stop Loss is placed at $2,309, just below the recent breakout zone, offering a safe buffer against false breakouts. Alternatively, traders can adopt a trailing stop strategy after TP1 is hit to lock in profits and manage risk dynamically. 📈 Risk-Reward Analysis Entry: $2,578 Stop Loss: $2,309 (Risk: −11.17%) Target (TP4): $4,111 (Reward: +58.14%) Risk-to-Reward Ratio: ~5.21 – A very favorable setup for swing or medium-term traders. Fundamental Bullish Drivers Growing optimism around a potential Ethereum Spot ETF approval in the U.S. has sparked investor confidence and institutional interest. The Dencun upgrade has significantly reduced transaction fees and increased scalability, improving Ethereum’s overall utility for developers and users. Major institutions are increasing ETH holdings, viewing it as the leading smart contract platform with real-world use cases in DeFi, NFTs, and Web3. A large percentage of ETH is now locked in staking contracts, effectively reducing circulating supply and applying upward price pressure. Final Thoughts Ethereum appears to be in the early stages of a bullish wave targeting multiple key resistance levels. With strong momentum, clear structure, and a high reward-to-risk profile, this setup presents a compelling opportunity for trend traders. Always use proper risk management and adjust your position size based on your risk tolerance.
BLong
by SupertradeOfficial
2
ETH Hits $2,600 Target! Is a Massive Pullback or Breakout Next? ETH The price targets of $2,500–$2,600 have been achieved. At this moment, I would not rush into making trading decisions. We have reached a Premium Price level, where the price is likely to encounter selling pressure from market participants. Consequently, there is a high probability of consolidation around these price levels. Given the broader market conditions, I anticipate even higher price targets in the future, but not from the current levels. A pullback to the $2,100–$2,200 range would be an optimal zone for initiating buy positions, pending the emergence of new market variables.
Long
by Almenio
2
ETH Overextended: Eyeing a Retracement from Key Liquidity ZoneTechnical Analysis: ETH/USDT Daily/4H and 30m Chart 🚨 Ethereum (ETH) has experienced a powerful rally, surging from the $1,900 region to above $2,500 in just a few sessions. This explosive move has pushed price into a previous area of significant resistance, where a large liquidity pool is likely sitting. The current daily candle structure shows signs of hesitation, with smaller bodies and wicks indicating potential exhaustion at these highs. Given the overextended nature of this move 📈 and the fact that ETH is now trading at a premium relative to its recent range, a retracement back toward equilibrium is probable. If price action breaks below the current range low (the most recent swing low on the daily), this could confirm a distribution phase 🏦 and open up a short opportunity. I'm watching for a clear break and close below the range low to trigger a potential short setup. My expectation is for price to revisit the mid-range or even the origin of the recent rally, where demand may step in again. Until then, patience is key—let the market show its hand before entering. Key Points: ETH is overextended and trading into previous highs with heavy liquidity 💧 Signs of exhaustion are emerging at the top of the move A break below the current range low could confirm distribution and offer a short setup 🔻 Targeting a retracement toward equilibrium, possibly the $2,000–$2,200 zone 🚨
Short
by fxtraderanthony
ETH/USDT 15-Min Chart Analysis – Bullish Setup with Trade PlanThis chart shows a bullish scenario for ETH/USDT on the 15-minute timeframe. Price is consolidating above a key support zone, indicating potential for a strong upward move. 📈 Trade Idea (Long Setup): Entry Zone: $2,300 – $2,310 (red support zone) Stop-Loss: Below $2,280 Targets: 🎯 Target 1: $2,388.70 🎯 Target 2: $2,428.47 🎯 Target 3: $2,492.75 🟢 Bias: Bullish (if price respects the support zone and forms reversal confirmation) Note: Wait for a bullish confirmation candle or bullish divergence before entering. This setup is based on potential support reaction.
Long
by Forexcryptowithjohn
#ETH/USDT#ETH The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a rebound from the lower limit of the descending channel, this support is at a price of 2000 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 2117 First target 2211 Second target 2304 Third target 2433
BLong
by CryptoAnalystSignal
ETH Surges 20% Post-Pectra: Crypto's Ultimate Comeback?Ether Clocks 'Insane' 20% Candle Post-Pectra — A Turning Point? The cryptocurrency market witnessed a remarkable event as Ethereum (ETH) surged by an impressive 20% following the successful implementation of the Pectra hard fork. This dramatic price movement has caught the attention of traders, investors, and analysts alike, sparking intense debate about whether this represents a genuine turning point for the second-largest cryptocurrency by market capitalization or merely a temporary respite in a challenging market environment. The Pectra Catalyst The Pectra hard fork, representing one of Ethereum's most significant technical upgrades since its transition to proof-of-stake, was successfully implemented in early 2025. This upgrade introduced crucial improvements to the Ethereum network, including enhanced transaction processing efficiency, reduced gas fees, and expanded smart contract functionality. Unlike previous upgrades that sometimes resulted in "buy the rumor, sell the news" reactions, Pectra's implementation appears to have triggered substantial positive price action. The 20% candle marked Ethereum's largest single-day gain in over 18 months, propelling ETH past the crucial $1,900 resistance level that had previously acted as a ceiling for price movements. The timing of the upgrade coincided with increasing institutional interest in Ethereum, creating perfect conditions for a significant price movement. Data from on-chain analytics platforms indicates that large wallet addresses began accumulating ETH in the weeks leading up to Pectra, suggesting informed capital was positioning ahead of the technical catalyst. Institutional Buying Signals On-chain metrics reveal compelling evidence of institutional participation in Ethereum's recent surge. Blockchain analytics firm Glassnode reported a substantial increase in large-value transactions exceeding $1 million in the 72 hours surrounding the Pectra implementation, with transaction volume reaching levels not seen since late 2023. Several key metrics support this institutional narrative: 1. Exchange outflows have accelerated, with over 200,000 ETH leaving centralized exchanges in a single 48-hour period post-Pectra, indicating buyers intend to hold rather than trade. 2. The number of addresses holding more than 1,000 ETH increased by 2.8% in just one week, representing substantial accumulation by wealthy entities. 3. Futures open interest has expanded by over $2 billion since the Pectra announcement, demonstrating increased leveraged positioning. 4. Options markets show a significant skew toward calls, with the put/call ratio reaching its lowest level in 14 months. These metrics collectively suggest that smart money sees the Pectra upgrade as a legitimate inflection point for Ethereum rather than a temporary technical bounce. The Long Position Explosion Perhaps most intriguing is the dramatic increase in long positions across various trading platforms. Data from cryptocurrency derivatives exchanges shows that long-to-short ratios have reached levels not seen since Ethereum's previous major bull run in 2021. This positioning dynamic creates an interesting technical setup where further price increases could trigger a positive feedback loop as short sellers are forced to cover their positions, potentially accelerating ETH's upward movement. Retail Sell-Off vs. Whale Accumulation A fascinating dynamic has emerged in Ethereum's market structure: while retail investors appear to be reducing exposure, larger entities ("whales") are aggressively accumulating. This divergence in behavior between market participants has created an unusual tension in ETH's price action. Blockchain analytics firm Santiment reported that addresses holding between 0.1 and 10 ETH have decreased their collective holdings by approximately 3% over the past month, indicating retail profit-taking or repositioning. Simultaneously, addresses holding over 1,000 ETH have increased their positions by nearly 7%. This pattern often emerges during major market transitions, where retail participants, scarred by previous drawdowns, remain skeptical of recovery signals while institutional investors position for longer-term trends based on fundamental catalysts. This dynamic creates an interesting market structure where future price movements may depend on which cohort ultimately proves correct in their assessment of Ethereum's prospects. Technical Breakout Analysis From a technical analysis perspective, Ethereum's 20% surge represents a significant breakout from multiple resistance levels that had contained price action for months. The move pushed ETH decisively above its 200-day moving average, a key indicator watched by trend-following traders. The volume profile accompanying the move also supports the legitimacy of the breakout, with transaction volume reaching its highest level in nine months. This high-volume breakout typically indicates strong conviction behind the price movement rather than a technical fake-out. Additionally, the Relative Strength Index (RSI), while showing overbought conditions in the short term, has broken out of a long-term downtrend on higher timeframes, suggesting potential for sustained momentum despite possible near-term consolidation. Macro Context and Ethereum's Narrative Shift Ethereum's dramatic move occurs against a complex macroeconomic backdrop that had previously contributed to crypto market weakness. Recent signals of potential monetary policy shifts, including discussions of rate cuts by central banks, have created a more favorable environment for risk assets broadly. Beyond pure price action, Ethereum's narrative has evolved considerably in recent months. After facing criticism regarding high transaction fees and scaling limitations, the successful implementation of Pectra addresses several key concerns that had dampened enthusiasm for the network. The upgrade's focus on reducing gas fees and improving transaction throughput directly counters the competitive threats from alternative Layer 1 and Layer 2 solutions that had been gaining traction by positioning themselves as more efficient alternatives to Ethereum. This narrative rehabilitation, combined with Ethereum's established network effects and developer ecosystem, creates compelling fundamental support for the recent price action. Sustainability Questions and Potential Challenges While enthusiasm surrounding Ethereum's post-Pectra surge runs high, significant questions remain regarding the sustainability of this momentum. Several potential challenges could impact ETH's trajectory in the coming months: 1. Technical Overextension: The speed and magnitude of the 20% move have pushed short-term technical indicators into overbought territory, potentially setting up conditions for a correctional pullback. 2. Regulatory Uncertainty: The evolving regulatory landscape for cryptocurrencies, particularly regarding potential security classifications and staking activities, continues to create background uncertainty for Ethereum. 3. Competitive Pressures: Despite Pectra's improvements, alternative blockchains continue to innovate rapidly, potentially challenging Ethereum's dominance in specific use cases. 4. Macro Reversal Risk: Any shift back toward hawkish monetary policy could negatively impact risk assets broadly, potentially including Ethereum despite its technological progress. 5. Execution Risk: While Pectra's implementation was successful, future technical upgrades still carry execution risk that could impact market confidence. Conclusion: A Genuine Turning Point? As market participants attempt to determine whether Ethereum's "insane" 20% candle represents a genuine turning point or a temporary deviation, the weight of evidence increasingly suggests this could indeed mark a significant inflection point in ETH's market cycle. The confluence of technical breakouts, on-chain accumulation signals, derivative positioning, and fundamental improvements through the Pectra upgrade creates a compelling case for sustained momentum. The divergence between retail selling and institutional accumulation further supports the notion that a meaningful market transition may be underway. However, sustainable price appreciation will likely require continued technical execution, expanding adoption metrics, and at minimum, a neutral macro environment that doesn't actively handicap risk assets. For investors and traders, the coming weeks will be crucial in determining whether Ethereum can build upon this momentum or if the surge represents another false dawn in a challenging market. But regardless of short-term price action, the successful implementation of Pectra unquestionably strengthens Ethereum's long-term value proposition as a leading blockchain infrastructure platform.
C
by bryandowningqln
$ETHUSDT - Major Breakout Alert! CRYPTOCAP:ETH has officially broken out of a long-standing descending parallel channel on the daily chart — a key structural shift in market sentiment. This breakout is further supported by a successful close above the 50 EMA, which had acted as dynamic resistance throughout the downtrend. Key Technical Developments: - Broke out of a descending parallel channel - Closed above 50 EMA for the first time in weeks - Strong daily candle with 8% gain confirms momentum shift Immediate Support: $1,790 (former resistance zone turned support) Next Major Resistance: $2,393 This is the mid-zone before ETH challenges the broader supply area around $2,550–2,850. This breakout mirrors Ethereum's typical behavior during previous cycle expansions — grinding accumulation followed by aggressive breakout moves. The confluence of the EMA breakout and channel structure suggests we could be looking at the beginning of a broader trend reversal. Trading Plan: Retests towards $1,850–$1,790 can offer high R:R entries. Watch for continuation patterns or consolidation above $2,000 for the next push. CRYPTOCAP:ETH is reclaiming momentum — if BTC remains stable, this move could expand quickly. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Long
by persis10t