🚨 Ethereum tests a zone that could determine whether this is just a correction… or the start of deeper pressure.
ETH at $2,675 after pulling back from the $2,807 high, and short-term momentum has clearly weakened.
📊 The technical picture on the 4H:
• EMA25 at $2,686 → first resistance
• EMA7 at $2,702 → momentum recovery
• $2,635 → current support
• EMA99 at $2,566 → the most important line of defense
• RSI at 34.9 → selling pressure and nearing oversold conditions
• KDJ in low zones → opportunity for a technical rebound
• MACD is bearish → upside momentum is fading
🎯 What I’m watching now:
Reclaim the $2,686–$2,702 zone with a 4H close and solid trading volume, which could pull ETH back toward $2,731, then test the $2,807 top.
If $2,635 breaks with a clear close, that puts the $2,566 EMA99 line front and center.
🧠 Summary:
Ethereum hasn’t broken the medium-term trend yet, but it has lost a significant portion of its momentum.
So I’m not looking for just a bounce off support…
**I’m looking for resistance recovery with volume and momentum confirmation.**
$2,635 for defense.
$2,702 to regain momentum.
$2,807 to confirm the resumption of the uptrend.
#Ethereum #ETH #Bitcoin #BTC #Crypto #CryptoTrading #ETHUSDT
ETH at $2,675 after pulling back from the $2,807 high, and short-term momentum has clearly weakened.
📊 The technical picture on the 4H:
• EMA25 at $2,686 → first resistance
• EMA7 at $2,702 → momentum recovery
• $2,635 → current support
• EMA99 at $2,566 → the most important line of defense
• RSI at 34.9 → selling pressure and nearing oversold conditions
• KDJ in low zones → opportunity for a technical rebound
• MACD is bearish → upside momentum is fading
🎯 What I’m watching now:
Reclaim the $2,686–$2,702 zone with a 4H close and solid trading volume, which could pull ETH back toward $2,731, then test the $2,807 top.
If $2,635 breaks with a clear close, that puts the $2,566 EMA99 line front and center.
🧠 Summary:
Ethereum hasn’t broken the medium-term trend yet, but it has lost a significant portion of its momentum.
So I’m not looking for just a bounce off support…
**I’m looking for resistance recovery with volume and momentum confirmation.**
$2,635 for defense.
$2,702 to regain momentum.
$2,807 to confirm the resumption of the uptrend.
#Ethereum #ETH #Bitcoin #BTC #Crypto #CryptoTrading #ETHUSDT
