ETH just crossed $2,500 while most people were watching BTC. Here's why that matters. đ
Ethereum is up 2.56% today with $618M in volume. The strong uptrend is intact â price is 33% above the 25-day SMA ($2,088) and 33% above the 99-day ($1,881). That's not a rally, that's a structural shift.
Why This Trade?
The long/short ratio is 1.36 â the most bullish positioning in today's top coins. Combined with a daily MACD histogram of +33.6, momentum traders are loading up. Daily RSI at 77.1 is elevated but not yet at "get out" levels.
Trade Plan:
Entry: $2,484â$2,522 (around the 4h SMA7 zone)
Stop Loss: $2,552 (above current â invalidation level)
TP1: $2,603 | TP2: $2,703 | TP3: $2,803
Risk/Reward: 2.0x
The ETH/BTC ratio recovery is one of the biggest macro trades in crypto right now.
Is ETH your main position or just a BTC hedge? Tell me below đ
â ïž NFA. DYOR. Always use stop losses.
#Ethereum #ETH #DYOR
Ethereum is up 2.56% today with $618M in volume. The strong uptrend is intact â price is 33% above the 25-day SMA ($2,088) and 33% above the 99-day ($1,881). That's not a rally, that's a structural shift.
Why This Trade?
The long/short ratio is 1.36 â the most bullish positioning in today's top coins. Combined with a daily MACD histogram of +33.6, momentum traders are loading up. Daily RSI at 77.1 is elevated but not yet at "get out" levels.
Trade Plan:
Entry: $2,484â$2,522 (around the 4h SMA7 zone)
Stop Loss: $2,552 (above current â invalidation level)
TP1: $2,603 | TP2: $2,703 | TP3: $2,803
Risk/Reward: 2.0x
The ETH/BTC ratio recovery is one of the biggest macro trades in crypto right now.
Is ETH your main position or just a BTC hedge? Tell me below đ
â ïž NFA. DYOR. Always use stop losses.
#Ethereum #ETH #DYOR