$ETH just pulled off what critics called impossible, and the charts are gearing up to reflect it. If you've been waiting for a signal, this might be the golden pocket you are looking for. Let’s break down exactly why
$ETH is looking incredibly bullish right now. 🧵👇
1️⃣ The Fundamental Catalyst: Scaling is Actually Working!
Look at the on-chain data: Weekly transactions just hit an all-time high of 17.3 MILLION, but the median fee has collapsed to just $0.008.
Let that sink in. Back in 2021, similar network demand sent fees skyrocketing over $25. Today? We have peak usage at near-zero costs. This divergence means mass adoption is accelerating with zero friction. The scaling roadmap is delivering, and this is the exact fundamental combo bulls need.
2️⃣ The Technical Setup: Multi-Timeframe Alignment
I’ve just analyzed the live charts (1m, 15m, 1H, and 1D), and the technicals are flashing strong continuation signals:
Short/Mid-Term (15m & 1H): The Supertrend indicator is printing a solid GREEN buy zone. We are seeing healthy consolidation around the $2,090 level, establishing a strong local floor. RSI is sitting in the bullish 65-67 range—momentum is strong, but we aren't dangerously overbought yet.
Macro Trend (1D): This is where it gets exciting. After bouncing off the $1,736 bottom, the Daily MACD is just starting to print a bullish crossover (green histogram). The daily reversal is in play!
📊 THE TRADE SETUP (LONG) 📈
Based on the data confluence, here is a high-probability trade setup:
🟢 Entry Zone: $2,085 - $2,095 (Current Market Level)
🎯 Target 1 (TP1): $2,125 (Breaking the recent local high)
🎯 Target 2 (TP2): $2,180 - $2,200 (Next major resistance block)
🛑 Stop Loss (SL): $2,030 (Just below the 1H Supertrend support level to invalidate the setup safely)
⚖️ Leverage: Keep it reasonable (5x - 10x max). Let the trend work for you.
The Verdict: Cheap blockspace + Record usage + Bullish technical indicators = A massive pressure cooker.
What are your thoughts, traders? Are you longing
$ETH here or waiting for a deeper pullback? Let me know in the comments! 👇🗣️
#Ethereum #ETH #CryptoTrading #TechnicalAnalysis #BullMarket