[IMPORTANT UPDATE $ETH – 25/05]
⚠️ ⚠️ ⚠️ A few days ⏰ before 30/05 – #FTX refunds 5 billion USD
Current price: $2,506
24h range: $2,476 – $2,575
Volatility: -3.5%
⸻
1. Main developments
📉 #ETH formed a short-term double top 2.73x – has now broken down the neckline at around 2.52x
💥 Selling volume surged
🔻 ETH/BTC, ETH.D are both weak → cash flow is withdrawing from #altcoins
⸻
2. Notable technicals
🧭 EMA 94 (4h): breakdown – phase change signal
📊 MACD (1h/4h): has crossed down, negative momentum
📉 RSI (1h): down to the 40 range – weak signal
🧱 Nearby support zones:
• $2,451 (short trendline)
• $2,346 (red MA – long-term EMA)
• $2,224 and $2,070 – important long liquidity area
⸻
3. Possible scenarios
Scenario 1 – Further drop to the $2.35x–2.22x range (Long sweep):
⏳ Probability: 60%
• Selling volume still dominates
• ETHBTC & ETH.D both break support
• $BTC lacks strong momentum to pull up altcoin
Scenario 2 – Bounce back from the $2.45x area and retest $2.6xx:
⏳ Probability: 30%
• RSI is approaching oversold zone (1h)
• BTC stays above $108k, creating slight divergence
• Clear buying volume needed for confirmation
Scenario 3 – Sideways range $2.45x–2.58x for a few days:
⏳ Probability: 10%
• Suitable if BTC moves sideways around 108k–110k
• ETH needs more news or new cash flow to break current state
⸻
4. High probability scenario activation – BEAR GROWL | “Clean out before the party”
• #ETH🔥🔥🔥🔥🔥🔥 could fall to the $2,280–$2,320 range, clearing all Long orders around $2,389
• RSI Daily still has room to decrease, volume shows no signs of drying up
• BTC is struggling to hold $105k → making it easier to create a short-term dump
Sharks don’t buy at the top – they wait for everyone to let go.
⚠️ ⚠️ ⚠️ A few days ⏰ before 30/05 – #FTX refunds 5 billion USD
Current price: $2,506
24h range: $2,476 – $2,575
Volatility: -3.5%
⸻
1. Main developments
📉 #ETH formed a short-term double top 2.73x – has now broken down the neckline at around 2.52x
💥 Selling volume surged
🔻 ETH/BTC, ETH.D are both weak → cash flow is withdrawing from #altcoins
⸻
2. Notable technicals
🧭 EMA 94 (4h): breakdown – phase change signal
📊 MACD (1h/4h): has crossed down, negative momentum
📉 RSI (1h): down to the 40 range – weak signal
🧱 Nearby support zones:
• $2,451 (short trendline)
• $2,346 (red MA – long-term EMA)
• $2,224 and $2,070 – important long liquidity area
⸻
3. Possible scenarios
Scenario 1 – Further drop to the $2.35x–2.22x range (Long sweep):
⏳ Probability: 60%
• Selling volume still dominates
• ETHBTC & ETH.D both break support
• $BTC lacks strong momentum to pull up altcoin
Scenario 2 – Bounce back from the $2.45x area and retest $2.6xx:
⏳ Probability: 30%
• RSI is approaching oversold zone (1h)
• BTC stays above $108k, creating slight divergence
• Clear buying volume needed for confirmation
Scenario 3 – Sideways range $2.45x–2.58x for a few days:
⏳ Probability: 10%
• Suitable if BTC moves sideways around 108k–110k
• ETH needs more news or new cash flow to break current state
⸻
4. High probability scenario activation – BEAR GROWL | “Clean out before the party”
• #ETH🔥🔥🔥🔥🔥🔥 could fall to the $2,280–$2,320 range, clearing all Long orders around $2,389
• RSI Daily still has room to decrease, volume shows no signs of drying up
• BTC is struggling to hold $105k → making it easier to create a short-term dump
Sharks don’t buy at the top – they wait for everyone to let go.