The 4H chart whispers bearish, but the daily trend is still climbing. That gap between timeframes is where the real story lives.
The 4H shows price stuck under the 25 EMA near 2450, RSI below neutral, and a volume shelf rejecting moves above 2520. It failed to hold above 2486 — the 0.618 fib — and now sits below the 0.5 level just under 2512. Textbook lower-high structure on the short-term.
But the 1D is still bullish. EMA7 above EMA25, RSI above 53, price holding above the 2401 pivot. That’s not a breakdown — it’s a cooldown inside a larger push.
Futures add another layer: funding is positive but tiny, while the long/short ratio is heavily skewed long. Lots of leverage betting on continuation — the market may need to shake that out first.
The level that matters most is 2525 on a 4H close. If $ETH pushes through, the bearish scalp read is dead, and daily targets near 2785 come back into focus. Lose the 2425 zone — that unfilled gap from earlier this week — and the 4H objective around 2314 becomes the path of least resistance.
My read: the 4H is bearish until proven otherwise, but the daily trend is the stronger force. The real risk isn’t a dump — it’s getting chopped up between 2425 and 2525 while both sides fight for control.
Follow me for the follow-up if $ETH breaks either side of this range — I’ll map the next leg. What’s your read on the 2525 rejection zone? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #Crypto #BinanceSquare
The 4H shows price stuck under the 25 EMA near 2450, RSI below neutral, and a volume shelf rejecting moves above 2520. It failed to hold above 2486 — the 0.618 fib — and now sits below the 0.5 level just under 2512. Textbook lower-high structure on the short-term.
But the 1D is still bullish. EMA7 above EMA25, RSI above 53, price holding above the 2401 pivot. That’s not a breakdown — it’s a cooldown inside a larger push.
Futures add another layer: funding is positive but tiny, while the long/short ratio is heavily skewed long. Lots of leverage betting on continuation — the market may need to shake that out first.
The level that matters most is 2525 on a 4H close. If $ETH pushes through, the bearish scalp read is dead, and daily targets near 2785 come back into focus. Lose the 2425 zone — that unfilled gap from earlier this week — and the 4H objective around 2314 becomes the path of least resistance.
My read: the 4H is bearish until proven otherwise, but the daily trend is the stronger force. The real risk isn’t a dump — it’s getting chopped up between 2425 and 2525 while both sides fight for control.
Follow me for the follow-up if $ETH breaks either side of this range — I’ll map the next leg. What’s your read on the 2525 rejection zone? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #Crypto #BinanceSquare
