This morning I was checking $ETH before starting my day, expecting the usual messy candles — then the weekly chart caught my attention.
$ETH just printed its highest weekly close in 8 months, and this is now the second consecutive weekly close above the 1W-MA50.
That’s not something I’d ignore.
The chart shows ETH around $2,685, while the 1W-MA50 sits near $2,418. After the sharp recovery from the $1,505 area, price has continued building higher on the weekly timeframe.
tbh, the interesting part isn’t just the green candles. It’s whether ETH can keep holding above that weekly moving average and turn this area into a stronger base.
Still, crypto rarely moves in a straight line. Rejections, pullbacks, and sudden volatility are always part of the game.
For now, the structure is showing strength — but confirmation matters more than excitement.
ETH is getting attention again. 👀
$ETH just printed its highest weekly close in 8 months, and this is now the second consecutive weekly close above the 1W-MA50.
That’s not something I’d ignore.
The chart shows ETH around $2,685, while the 1W-MA50 sits near $2,418. After the sharp recovery from the $1,505 area, price has continued building higher on the weekly timeframe.
tbh, the interesting part isn’t just the green candles. It’s whether ETH can keep holding above that weekly moving average and turn this area into a stronger base.
Still, crypto rarely moves in a straight line. Rejections, pullbacks, and sudden volatility are always part of the game.
For now, the structure is showing strength — but confirmation matters more than excitement.
ETH is getting attention again. 👀
