💎 ETH at $1,876 and it is officially the weakest major asset in crypto right now. Down 2.6% while BTC only dropped 1.9%, and the ETH/BTC ratio keeps bleeding. Funding rates are more negative than Bitcoin — shorts are piling on.
Here is the picture: 4H RSI at 35.2, price below all short-term moving averages (SMA7 4H at $1,901, SMA25 4H at $1,912). The $1,900 level that was support last week is now resistance. Net outflows hit $231M in 24 hours.
📊 Why ETH Is Underperforming:
• Daily RSI at exactly 50 — the neutral zone that often precedes a trend decision
• MACD daily still positive but histogram shrinking (+3.47 vs larger values last week)
• Price hovering at the SMA99(daily) of $1,895 — this is THE line
• Volume only 12% above average = no capitulation yet
🎯 Trade Plan: Watch the $1,800-$1,900 range
• Long entry: $1,750-$1,850 on a confirmed daily close above $1,900
• Stop loss: $1,650 (below the next major support)
• Targets: TP1 $2,000, TP2 $2,200
• Risk/Reward: 1.3:1
ETH always looks the weakest right before it rips. But it also looks the weakest right before it breaks down. The daily RSI at 50 is telling you: wait for the next candle.
ETH bulls — are you adding here or cutting? 👇
#ETH #Ethereum #DYOR
⚠️ Disclaimer: This is not financial advice. Always do your own research before making any investment decisions. Trading crypto involves significant risk of loss.