⚡ ETH is green at $1,914 (+0.6%), but here's what nobody's talking about: it's still massively underperforming BTC. The ETH/BTC ratio keeps bleeding.
📊 Current Picture:
Price: $1,914 (+0.6%)
RSI (4H): 59.4 — leaning bullish short-term
RSI (1D): 56.2 — neutral
MACD: Positive on both timeframes — momentum building
Volume: Normal (93% of average) — no conviction either way
🧠 Why ETH Feels Weak Even When Green:
ETH is technically in a strong uptrend on lower timeframes, but the bigger picture tells a different story. Price is barely above the 99-day MA ($1,904), and every rally faces sellers near $1,950-$2,000.
Layer 2 TVL keeps growing, but the market isn't rewarding ETH for it. The narrative has shifted — SOL, Base chain, and newer L1s are stealing attention and liquidity.
📋 Trade Plan:
Entry: $1,870-$1,910 (near 99-day MA support)
Stop Loss: $1,830
TP1: $2,000 (psychological resistance)
TP2: $2,100 (previous structure)
R/R: ~1.0R
⚠️ If $1,850 breaks, we're looking at $1,700 next.
The real question: does ETH catch up in the next leg, or does SOL keep eating its lunch? 🍽️
#ETH #Ethereum #DYOR
⚠️ Disclaimer: Personal analysis only, not financial advice. Crypto markets are highly volatile. DYOR.