$ETH continues to outperform many large-cap cryptocurrencies, supported by sustained institutional demand, healthy ETF inflows, and strong on-chain activity. Buyers remain in control while the price trades above key moving averages.
Technical Analysis
đ Trend: Bullish on both the 4-hour and daily timeframes, with a pattern of higher highs and higher lows. đ RSI: Around 60â68, indicating positive momentum without being deeply overbought. đ MACD: Bullish crossover remains active, suggesting upward momentum is still intact. đŠ Volume: Trading volume has stayed above average, confirming continued buying interest.
Key Levels
Support 1: $4,050 Support 2: $3,950 Major Support: $3,800 Resistance 1: $4,250 Resistance 2: $4,400 Bullish Target: $4,500â4,650 if ETH breaks above $4,250 with strong volume.
Trading Outlook
â Bullish Scenario
A confirmed breakout above $4,250 could trigger a move toward $4,400, followed by $4,500+.
â ïž Bearish Scenario
If ETH loses the $4,050 support, a pullback toward $3,950â3,800 becomes more likely before buyers may step back in.
Trading Plan
đą Buy Zone: Near $4,050â4,100 on healthy pullbacks, or after a confirmed breakout above $4,250. đŻ Take-Profit Targets: $4,250 â $4,400 â $4,500+ đ Stop-Loss: Below the nearest key support, adjusted to your risk tolerance.
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Technical Analysis
đ Trend: Bullish on both the 4-hour and daily timeframes, with a pattern of higher highs and higher lows. đ RSI: Around 60â68, indicating positive momentum without being deeply overbought. đ MACD: Bullish crossover remains active, suggesting upward momentum is still intact. đŠ Volume: Trading volume has stayed above average, confirming continued buying interest.
Key Levels
Support 1: $4,050 Support 2: $3,950 Major Support: $3,800 Resistance 1: $4,250 Resistance 2: $4,400 Bullish Target: $4,500â4,650 if ETH breaks above $4,250 with strong volume.
Trading Outlook
â Bullish Scenario
A confirmed breakout above $4,250 could trigger a move toward $4,400, followed by $4,500+.
â ïž Bearish Scenario
If ETH loses the $4,050 support, a pullback toward $3,950â3,800 becomes more likely before buyers may step back in.
Trading Plan
đą Buy Zone: Near $4,050â4,100 on healthy pullbacks, or after a confirmed breakout above $4,250. đŻ Take-Profit Targets: $4,250 â $4,400 â $4,500+ đ Stop-Loss: Below the nearest key support, adjusted to your risk tolerance.
#USIranDealOrNoDeal #SpaceXToReportQ2Results #GoldHoldsAbove$4000PerOunce #KOSPINikkeiOpenHigherOnChipStocks #KoreaMarginHikeCutsLeveragedETFTrading