$ETH is quietly setting up again 👀
Price is sitting at $1,896.65 and the thing I’m watching is not the headline pump, it’s the stack underneath it. 4h is up 1.1%, RSI is 60, and price is still above the 20d + 50d MAs. That’s the kind of tape that usually turns into a bigger move if BTC doesn’t wreck it.
Volume is only 0.8x the 20d avg, so this is not crowded yet. Futures funding at 0.005% means longs are paying, but not insanely. 68% up its 30d range and only 4% off the high... that’s real heat 🔥
Not screaming. Just watching.
Early or late on ETH?
#Ethereum
#Altcoin
Price is sitting at $1,896.65 and the thing I’m watching is not the headline pump, it’s the stack underneath it. 4h is up 1.1%, RSI is 60, and price is still above the 20d + 50d MAs. That’s the kind of tape that usually turns into a bigger move if BTC doesn’t wreck it.
Volume is only 0.8x the 20d avg, so this is not crowded yet. Futures funding at 0.005% means longs are paying, but not insanely. 68% up its 30d range and only 4% off the high... that’s real heat 🔥
Not screaming. Just watching.
Early or late on ETH?
#Ethereum
#Altcoin