In the current setup, Ethereum (ETH) is showing signs of a potential trend reversal—but not just yet. Here's the breakdown:
📉 Current ETH Setup
Price Range: ETH is hovering around $4,465, stuck between $4,450 support and $4,510 resistance.
Indicators:
RSI is at 41—bearish but not yet oversold.
ETH broke below its short-term bullish trend line and is trading under the 50-day EMA.
On-Chain Flows: Net outflows of $38.8M suggest continued selling pressure.
🔄 Reversal Zone
Analysts expect a deeper correction toward $3,700–$3,800 before ETH resumes its bullish cycle.
Strong support lies at $4,200, with the 200-day EMA at $4,393 acting as a safety net.
🧠 Strategy Insight
If
$ETH dips into the $3.7K–$3.8K zone and holds, it could mark the reversal point toward a long-term rally—potentially targeting $10K by early 2026.
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