⚡ ETH at $2,417 — down 2% while BTC holds. The quiet weakness tells you everything.
Ethereum's 4H RSI dropped to 40.2, MACD histogram is negative and expanding (-1.40), and volume is fading (ratio 0.70). Price is sliding below both 4H moving averages ($2,444 and $2,451). When ETH underperforms BTC in a dip, it usually means more downside is coming short-term.
Daily structure still bullish — RSI 63.8, above SMA25 ($2,218) and SMA99 ($1,902). But the 4H is screaming caution.
📋 SHORT Trade Plan:
• Entry: $2,399 – $2,436 (fade any bounce into the 4H SMAs)
• Stop Loss: $2,492 (above the 4H resistance cluster)
• TP1: $2,327 | TP2: $2,255 | TP3: $2,159
• R:R = 1.2 | Confidence: 54%
⚠️ Another HOLD-grade setup. Position size accordingly.
ETH feels like it wants to retest $2,200 before the next leg up. Agree or disagree? 💬
#ETH #Ethereum #DYOR
⚠️ Disclaimer: This is personal analysis, not financial advice. Always do your own research and manage risk carefully.