📌 $ETH is getting ready for a decisive move — buyers are losing momentum
🔴 The 4h structure has weakened: price is forming a series of lower weak highs (the 2569.90 area), and pullbacks are being bought back with less and less confidence. Current 2463 is directly in the balance zone between supply and demand.
🟢 Nearest support — 2455–2463; below it, the path opens to 2400, and then to 2355. The 2400 level remains the key “watershed”: above it, the structure keeps the chance to consolidate; a breakdown will increase selling pressure.
⚫️ The intermediate target of the current move is around 2420. A reasonable first target for those trading from a short, not the final level.
🔵 Overhead resistance is a broad zone 2532–2570, matching a monthly imbalance slightly above 2600. A long-standing sellers’ area that won’t be easy to break without a strong impulse.
📊 RSI and Stochastic on the 4h and daily timeframes are in the neutral zone; no sharp reversal on indicators is visible.
🌐 Against the backdrop of the current Fed rate rhetoric and noticeably cooled ETF flows on #ETH , pressure on bulls in the medium term remains.
❓ Do you think $ETH will hold the 2400 area or push through it to 2355?
❗️Be careful and stay prudent. Always manage risk.
$ETH
🔴 The 4h structure has weakened: price is forming a series of lower weak highs (the 2569.90 area), and pullbacks are being bought back with less and less confidence. Current 2463 is directly in the balance zone between supply and demand.
🟢 Nearest support — 2455–2463; below it, the path opens to 2400, and then to 2355. The 2400 level remains the key “watershed”: above it, the structure keeps the chance to consolidate; a breakdown will increase selling pressure.
⚫️ The intermediate target of the current move is around 2420. A reasonable first target for those trading from a short, not the final level.
🔵 Overhead resistance is a broad zone 2532–2570, matching a monthly imbalance slightly above 2600. A long-standing sellers’ area that won’t be easy to break without a strong impulse.
📊 RSI and Stochastic on the 4h and daily timeframes are in the neutral zone; no sharp reversal on indicators is visible.
🌐 Against the backdrop of the current Fed rate rhetoric and noticeably cooled ETF flows on #ETH , pressure on bulls in the medium term remains.
❓ Do you think $ETH will hold the 2400 area or push through it to 2355?
❗️Be careful and stay prudent. Always manage risk.
$ETH
