🔥 ETH Is “Dead”… or This Is the Quietest Long-Term Buy Zone of the Cycle? 🔥
While most traders are panicking and calling for a deeper crash, the ETH/USDT Daily chart is quietly telling a very different story.
📉 Market Structure & Trend
Ethereum remains in a broader corrective phase, trading below the declining 200-day MA, which is acting as dynamic resistance around the $3,100–3,200 zone. However, price has already completed a strong pullback from the previous high and is now stabilizing near a key Fibonacci 61.8% retracement at ~$2,750 — a level historically favored by smart money for long-term accumulation.
🧱 Support & Resistance
Major Support: $2,700 – $2,750 (61.8% Fib + strong demand zone)
Intermediate Resistance: $3,100 – $3,200
Major Resistance: $3,400 – $3,600 (38.2% Fib & prior structure)
📊 Indicators
RSI is hovering below 50, showing weak momentum but no extreme bearish divergence — typical of accumulation phases.
MACD remains slightly bearish but momentum is clearly slowing, hinting at a potential medium-term trend shift if volume returns.
🎯 Long-Term Trade Plan (High-Conviction Setup)
Entry (Buy): $2,720 – $2,780
Stop Loss: $2,480 (below macro support & invalidation zone)
Take Profit 1: $3,200
Take Profit 2: $3,600
Extended Target (Long-Term): $4,400+ if trend reverses and ATH is challenged
⚠️ Conclusion
This is not a FOMO trade — it’s a patient, risk-managed long-term position. If ETH holds above the 61.8% zone, history suggests the next major move may surprise the crowd.
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