$ETH Reclaimed 2500, but don’t rush to call the bull market back
$ETH has moved back above the 50-day moving average (around 2505), so the short-term structure is still intact. But let’s take a clear-eyed look at a few indicators:
- RSI has pulled back to around 45, neutral to slightly weak
- MACD is still below the zero line; bullish momentum hasn’t been confirmed
- 2800–3000 is a major resistance zone overhead, where selling pressure will only grow heavier
Put simply: the trend hasn’t broken down, but it hasn’t strengthened either. Chasing here is just like $BTC —both are bets ahead of the CPI, hoping for a positive surprise.
The $ETH /$BTC exchange rate is also hovering near its lows, so altcoin season is still a long way off. If you’re betting on a rebound, 2500 is the line to watch for a stop-loss.
#ETH #以太坊 #TechnicalAnalysis
This is not investment advice. DYOR
$ETH has moved back above the 50-day moving average (around 2505), so the short-term structure is still intact. But let’s take a clear-eyed look at a few indicators:
- RSI has pulled back to around 45, neutral to slightly weak
- MACD is still below the zero line; bullish momentum hasn’t been confirmed
- 2800–3000 is a major resistance zone overhead, where selling pressure will only grow heavier
Put simply: the trend hasn’t broken down, but it hasn’t strengthened either. Chasing here is just like $BTC —both are bets ahead of the CPI, hoping for a positive surprise.
The $ETH /$BTC exchange rate is also hovering near its lows, so altcoin season is still a long way off. If you’re betting on a rebound, 2500 is the line to watch for a stop-loss.
#ETH #以太坊 #TechnicalAnalysis
This is not investment advice. DYOR