ETHEREUM LOCAL LONG|
✅ETHEREUM is going down now
But a strong support level is ahead at 2,375$
Thus I am expecting a rebound
And a move up towards the target of 2,600$
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ETHEREUM trade ideas
ETH is standing at the edge of the cliffCOINBASE:ETHUSD seems to have stalled between $2,400 and $2,800 without any clear fundamental reason, but from a technical perspective , the explanation is quite straightforward. After breaking down from a massive triangle pattern, ETH bounced back as if nothing had happened. However, the rally has hit a wall right at the former trendline, what used to be solid support is now acting as resistance.
This could be a sign that ETH’s upside momentum is running out. If the price breaks below $2,300 , it would likely confirm that the downtrend is just getting started and could leave ETH in a much weaker position.
Although the double top already played out and hit the 61.8% target (which might have led some to think the worst was over) there’s still a possible move toward the full 100% target, which sits just above $1,000, near the bottom edge of the triangle.
Putting fundamentals aside, this setup makes me lean heavily bearish on ETH if it drops below $2,300 . We are in front of a potential 50% decline in ETH, which is amazing specially if the risk that you are assuming is less than 5%.
On the other hand, if the price breaks above the previous trendline, it would open the door to a new, more bullish scenario with the price heading to 3.500$. Another way to play this, is by buying at 2.400$ area, and setting up a stop loss under 2.150$, the risk benefit is amazing again, so don't worry about the direction of ETH, be aware of the trading opportunities that is giving us in any direction!
ETHUSD Is Very Bullish! Buy!
Take a look at our analysis for ETHUSD.
Time Frame: 10h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,508.60.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,717.66 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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ETH Macro Analysis☕ 𝙂𝙈. CRYPTOCAP:ETH Macro analysis update...
📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 outlook remains unchanged and recent price action printing a doji. Target is still $7k for this cycle.
📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 outlook has investors looking lower towards the $1900 target but this isn't guaranteed to be reached and price action may front tat $2200.
War escalation's and retail selling are keeping price suppressed. ETF inflows and staking continue to grow!
The time for patience continues. Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement
𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨
Price is consolidating at its recent highs. Consolidation under resistance has high probability of breaking out, the longer it remains the higher the probability.
Elliot Wave (EW) analysis suggests a motif wave ended at the $2700 resistance, with a wave 2 retracement underway, likely a shallow one.
Safe trading
#ETH/USDT#ETH
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2460.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading toward stability above the 100 moving average.
Entry price: 2540
First target: 2582
Second target: 2646
Third target: 2717
ETH/USD (Ethereum to US Dollar) on the 1-hour timeframe. ETH/USD (Ethereum to US Dollar) on the 1-hour timeframe.
Here’s a quick breakdown of what’s visible:
There is an Ichimoku Cloud indicator on the chart.
A resistance zone is marked at the top (around $2,540 – $2,550).
A support zone appears around $2,440 – $2,460.
There's a bullish arrow pointing toward the resistance zone, suggesting an expected upward movement.
🎯 Target:
Based on the chart setup and your markup:
Short-term bullish target (Take Profit): $2,545 – $2,550
Entry zone appears to be: Around $2,460
Stop loss (if managing risk): Below $2,430
This setup looks like a range play or breakout attempt, betting on ETH bouncing off support and retesting resistance.
.
ETH?
Hi
If you got the itch . Do not ignore the symptoms. Get remedy quick.. hahaha
Same like trading.
If you see initial big move. Start small. SL it.
This is trading. We test, we acknowledge.. we move.
Till your caterpillar becomes a full beautiful butterfly.
All the best guys.
NB/ Hoping this will print higher prices.
Not a guru as always.
The Long Haul: ETH EditionHey traders,
Price action is committing very well to structure, and ETH/BTC is also showing a bullish structure. I've entered the swing trade and expect to scale in further as price continues to commit.
PA has swept the lows and is currently forming a 3-touch flag, having swept the inflection point on the LTF. Ideally, I would have preferred a sharper execution, but this entry is sufficient for now. I’ll look to add to the position if the market allows and once I can take risk off the table.
CRYPTO:ETHUSD
BINANCE:ETHBTC
CRYPTOCAP:TOTAL2
ETHUSD broke the Resistance level 2500.00 range 👀 Possible scenario:
Ethereum is trading above $2,400 after a volatile stretch, showing resilience but lacking a clear breakout. CryptoQuant data shows strong accumulation by long-term holders during recent consolidation, suggesting solid support beneath the surface. However, weakening volume and macro risks still raise the chance of a pullback if support levels break.
Adding pressure, a whale entity recently moved over 62,000 ETH ($154M) to exchanges, with another $83M still in holding—posing a near-term sell-off risk. Traders now await a decisive move. A break above $2,500 could spark momentum, but caution remains as market sentiment stays mixed.
✅ Support and Resistance Levels
Support levels is now located at 2,400.00.
Now, the resistance level is located at 2,550.00.
Navigating the ETH Volume Wall as Capital Rotates to High-Beta
In the intricate and often volatile theater of the cryptocurrency markets, Ethereum (ETH) currently finds itself in a moment of profound tension. As the undisputed king of smart contracts and the foundational layer for decentralized finance (DeFi), its price action sends ripples across the entire digital asset ecosystem. The current outlook presents a fascinating dichotomy: on one hand, Ethereum is staring down a formidable "volume wall," a dense zone of historical trading activity that acts as a powerful barrier to upward momentum. On the other hand, the tantalizing prospect of a decisive breakout above the key $2,900 level beckons, promising a new leg up for the bull market.
This standoff has created a fertile ground for a classic market phenomenon: capital rotation. As Ethereum grinds sideways, battling for every percentage point against heavy resistance, impatient capital is beginning to flow into more nimble, higher-risk assets within its orbit. Traders and investors are increasingly eyeing "cheap crypto"—smaller, more volatile altcoins built on or related to the Ethereum network. These "ETH beta" plays are rallying in anticipation of an eventual Ethereum breakout, offering the potential for outsized returns.
This comprehensive analysis will dissect the complex dynamics shaping Ethereum's current price outlook. We will explore the nature of the heavy volume wall that is capping its ascent and the strategic implications of the resulting price range. We will then delve into the mechanics of capital rotation, examining why traders are turning to lower-cap altcoins as a proxy for Ethereum's future success. Finally, we will weigh the bullish and bearish cases, charting the potential path to a $2,900 breakout while acknowledging the significant risks that could invalidate the optimistic thesis. For investors and market observers, understanding this intricate dance between consolidation, rotation, and breakout potential is paramount to navigating the next chapter in Ethereum's journey.
Part 1: The Great Wall of Ethereum - Deconstructing the Heavy Volume Range
To understand Ethereum's current struggle, one must first grasp the concept of a "volume wall." This is not a literal barrier, but a powerful technical and psychological construct visible on a price chart. It represents a price range where an unusually high volume of tokens has changed hands in the past. This area of high trading concentration becomes a major point of contention for future price movements, acting as a powerful magnet for both support and, in this case, resistance.
What is a Volume Wall and Why Does It Form?
A volume wall is best visualized using an indicator like the Volume Profile Visible Range (VPVR). Unlike traditional volume bars at the bottom of a chart that show volume per unit of time, the VPVR displays it horizontally, showing volume per price level. A large, protruding bar on the VPVR signifies a "High-Volume Node" (HVN), which is the technical term for a volume wall.
These walls form for several key psychological reasons:
1. Breakeven Sellers ("Bagholders"): A significant number of market participants may have bought ETH within this price range during a previous rally. When the price fell, they were left holding at a loss. Now, as the price returns to their entry point, their primary emotion is relief. Their goal is not to make a profit, but simply to exit their position at breakeven. This creates a steady stream of sell orders as the price enters the high-volume zone.
2. Strategic Profit-Takers: Investors who bought Ethereum at much lower prices see this high-volume area as a logical and predictable place to take profits. They recognize it as a zone of contention and potential reversal, making it an opportune moment to sell a portion of their holdings and de-risk.
3. Opportunistic Short-Sellers: Traders who are bearish on Ethereum view the volume wall as a high-probability area for the price to be rejected. They will strategically place short-sell orders within this range, adding to the selling pressure and betting on a move back down.
When these three forces converge, they create a formidable supply zone that can absorb a tremendous amount of buying pressure. For Ethereum to break through, it requires a catalyst strong enough to overwhelm this confluence of sellers.
Identifying Ethereum's Current Range
For the purpose of this analysis, let's assume this heavy volume wall for Ethereum is situated roughly between $2,750 and $2,850. This range becomes a battleground. When the price enters this zone, it often loses momentum and begins to move sideways in a "chop," characterized by volatile price swings without a clear direction.
The implications of being trapped below such a wall are significant. The market enters a state of consolidation or ranging. This means that for the time being, the explosive, directional trend is on pause. Bulls and bears are locked in a battle for control, and until one side emerges victorious, the price will likely remain contained. This period of consolidation, while frustrating for trend-followers, is a critical phase where the market digests previous gains, flushes out weak hands, and builds energy for its next major move. The key question for every trader is which direction that move will be.
Part 2: The Rotation Game - Chasing Beta in a Sideways Market
When a market leader like Ethereum enters a prolonged consolidation phase, a fascinating secondary effect begins to take hold: capital rotation. Traders and investors, particularly those with shorter time horizons, grow impatient with the lack of volatility in the primary asset. Their capital seeks higher returns and more immediate action, leading them to rotate out of the ranging asset and into more speculative plays. In the context of the crypto market, this often means moving into "high-beta" altcoins.
Understanding "ETH Beta"
In traditional finance, "beta" measures an asset's volatility in relation to a benchmark, like the S&P 500. An asset with a beta of 1.5 is expected to move 1.5% for every 1% move in the benchmark. In cryptocurrency, Ethereum itself often acts as a benchmark for the broader altcoin market.
"ETH beta" refers to altcoins that are highly correlated with Ethereum's price but exhibit much higher volatility. These are typically smaller, newer, or more speculative projects within Ethereum's ecosystem. The logic behind the "ETH beta play" is straightforward:
• If you believe Ethereum will eventually break through its resistance wall and rally, you can simply buy and hold ETH.
• However, if you want to maximize potential returns, you can instead buy a high-beta altcoin. The thesis is that when ETH finally moves up 10%, this smaller altcoin might surge 30%, 50%, or even more.
This strategy is essentially a leveraged bet on Ethereum's success, but without using financial leverage like futures or options. The leverage comes from the inherent volatility of the smaller asset.
The Allure of "Cheap Crypto"
The rotation often targets what is colloquially known as "cheap crypto." This term doesn't necessarily mean the project is undervalued, but rather that its token has a low unit price (e.g., under $1 or even fractions of a cent). This has a powerful psychological appeal:
• Accessibility: It feels more accessible to buy 1,000,000 tokens of a memecoin for $1,000 than to buy a fraction of one ETH.
• Perceived Upside: The low unit price creates the perception of explosive growth potential. It's psychologically easier to imagine a token going from $0.01 to $0.10 (a 10x return) than it is to imagine ETH going from $2,800 to $28,000.
During Ethereum's consolidation, we would likely see this rotation manifest in several key sectors of its ecosystem:
• Layer 2 Solutions: Projects like Arbitrum (ARB), Optimism (OP), and Polygon (MATIC) are prime candidates. They are fundamentally linked to Ethereum's scalability and success, making them a direct beta play. As traders anticipate an ETH breakout, they will front-run the move by accumulating these L2 tokens.
• DeFi Blue Chips and Dapps: Protocols for lending, borrowing, and trading, such as Uniswap (UNI), Aave (AAVE), or Lido (LDO), also fall into this category. Their usage and value are directly tied to the health of the Ethereum network.
• Memecoins and Newer Narratives: This is the highest-risk, highest-reward end of the spectrum. Memecoins built on Ethereum (like PEPE or SHIB) or on its Layer 2s can experience parabolic rallies based on pure speculation and social media hype, driven by the narrative that a rising ETH tide will lift all boats.
This rotation is a double-edged sword. While it signals underlying bullish conviction in the Ethereum ecosystem, it also diverts buying pressure away from ETH itself, potentially prolonging the consolidation phase. However, it is a clear sign that the market is positioning for an eventual breakout.
Part 3: The Bull Case - Charting a Path to the $2.9K Breakout
Despite the formidable resistance, a powerful bull case for Ethereum is building, suggesting that a breakout above the $2,900 level is not a matter of if, but when. This optimism is rooted in a combination of bullish technical patterns, strengthening on-chain fundamentals, and a powerful external narrative.
The Technical Setup for a Breakout
While the price may be moving sideways, a closer look at the chart often reveals underlying strength building beneath the surface. Several technical patterns and indicators could signal an impending breakout:
• Ascending Triangle Formation: A classic bullish pattern. This would be characterized by the price making a series of higher lows while being capped by the horizontal resistance of the volume wall (around $2,850-$2,900). The higher lows indicate that buyers are becoming more aggressive on each dip, squeezing the price upwards against the resistance. A breakout from the top of this triangle would be a powerful technical signal.
• Bullish Engulfing or Hammer Candlesticks: The appearance of strong bullish candlestick patterns at key support levels below the range would indicate that buyers are stepping in with force, absorbing selling pressure and defending the uptrend.
• Resetting Momentum Oscillators: During a consolidation phase, indicators like the Relative Strength Index (RSI) will cool off from "overbought" levels. If the RSI can reset back to neutral territory (around 50) while the price remains stable, it suggests the market is building up energy for another push higher without being overextended. A "hidden bullish divergence," where the price makes a higher low while the RSI makes a lower low, would be an even stronger signal of trend continuation.
• Support from Key Moving Averages: For the bull case to remain intact, Ethereum's price must hold above critical long-term moving averages, such as the 50-day and 200-day Simple Moving Averages (SMAs). These levels often act as dynamic support, and successful bounces from them reinforce the underlying bullish trend.
Fundamental and On-Chain Catalysts
Beyond the charts, Ethereum's fundamental health provides a strong tailwind for a potential rally:
• The Spot Ether ETF Narrative: The single most powerful potential catalyst on the horizon is the approval of a spot Ether ETF in the United States. Following the monumental success of the Bitcoin ETFs, the market anticipates that an Ether ETF would unlock a similar torrent of institutional capital. This narrative alone is enough to encourage accumulation, as investors look to position themselves ahead of a potential approval. Any positive news or regulatory progress on this front could provide the immense buying pressure needed to shatter the volume wall.
• Deflationary Supply Dynamics (The Burn): Thanks to the EIP-1559 upgrade, a portion of every transaction fee on Ethereum is "burned," or permanently removed from circulation. During periods of high network activity, this can make ETH a deflationary asset, meaning more coins are being destroyed than created. This programmatic scarcity is a powerful long-term value driver that makes holding ETH more attractive.
• The Growth of the Layer 2 Ecosystem: The success of Layer 2 solutions like Arbitrum and Optimism is not a threat to Ethereum but a testament to its success. These networks bundle transactions and settle them on the Ethereum mainnet, increasing its overall throughput and utility. A thriving L2 ecosystem drives demand for ETH as the ultimate settlement and data availability layer, strengthening its fundamental value proposition.
• Staking and Supply Sinks: A significant and growing portion of ETH's total supply is locked up in staking contracts to secure the network. This staked ETH is effectively removed from the liquid, circulating supply available for sale on exchanges. This continuous supply reduction creates a "supply shock" dynamic, where even a moderate increase in demand can have an outsized impact on the price.
When these technical and fundamental forces align, they create a powerful case that the consolidation phase is a temporary pause before the next major uptrend. A decisive break and close above $2,900 would liquidate short positions, trigger FOMO (Fear Of Missing Out) buying, and likely signal the start of a rapid move towards the next major psychological and technical target, potentially $3,500 or higher.
Part 4: The Bear Case and Prevailing Risks
A balanced analysis requires acknowledging the significant risks that could invalidate the bullish thesis. The volume wall is formidable for a reason, and a failure to break through could lead to a sharp reversal. Several factors could contribute to a bearish outcome for Ethereum.
Rejection at the Wall
The most immediate risk is a decisive rejection from the volume wall. If buying pressure wanes and sellers take firm control within the $2,750-$2,850 range, it could signal a local top. This would likely be confirmed by a break below the recent series of higher lows and key moving averages. Such a rejection could trigger a cascade of stop-loss orders from long positions, accelerating a move downwards to retest lower support levels, potentially in the $2,400-$2,500 range.
Macroeconomic Headwinds
As a major global asset, Ethereum is not immune to the broader macroeconomic environment. A "risk-off" sentiment sweeping through traditional markets would almost certainly impact crypto. Factors that could trigger this include:
• Hawkish Central Bank Policy: Unexpectedly high inflation data could force central banks like the Federal Reserve to maintain high interest rates for longer, or even signal further hikes. This "tight liquidity" environment is generally negative for risk assets like cryptocurrencies.
• Geopolitical Instability: An escalation of global conflicts can cause investors to flee to perceived safe havens like the US dollar or gold, pulling capital away from more speculative markets.
• Recessionary Fears: Signs of a weakening global economy could dampen investor appetite for risk, leading to broad-based selling across asset classes.
Regulatory Uncertainty
Regulatory risk remains a persistent cloud over the entire crypto industry, and Ethereum is at the center of a key debate. The U.S. Securities and Exchange Commission (SEC) has not definitively clarified whether it views ETH as a commodity (like Bitcoin) or a security. A negative ruling, or even prolonged legal battles suggesting it will be classified as a security, could have a chilling effect on the market. It would create significant compliance hurdles for exchanges and could derail the spot Ether ETF narrative entirely. Any negative headline on this front could be the catalyst that turns the volume wall from a temporary obstacle into an impenetrable ceiling.
Competitive Pressures
While Ethereum remains the dominant smart contract platform, it faces ever-growing competition from other Layer 1 blockchains (often dubbed "ETH Killers") like Solana, Avalanche, and others. These platforms boast high transaction speeds and low fees and are constantly vying for market share in the DeFi and NFT spaces. While a multi-chain future is the most likely outcome, a significant migration of developers and users away from Ethereum to a competitor could erode its network effect and negatively impact its long-term valuation.
Conclusion: A Pivotal Moment of Decision
Ethereum stands at a critical juncture, a crossroads where powerful bullish and bearish forces are locked in a tense equilibrium. The price is pinned against a heavy volume wall, a technical barrier representing the collective memory of the market. This has forced the asset into a period of consolidation, a sideways grind that is testing the patience of even the most steadfast bulls.
This very consolidation is fueling a secondary narrative of capital rotation, where traders, anticipating an eventual breakout, are channeling funds into higher-volatility "ETH beta" plays. The rallies in Layer 2 tokens and other ecosystem projects are a vote of confidence in Ethereum's future, a sign that the market is positioning for upside. The fundamental picture, bolstered by the potential of a spot ETF, deflationary supply mechanics, and a thriving ecosystem, provides a strong foundation for the bull case. The path to a $2,900 breakout seems not only possible but plausible.
However, the risks are undeniable. A failure to breach the wall could lead to a sharp correction, exacerbated by potential macroeconomic headwinds or negative regulatory surprises. The outcome of this battle will be pivotal. A successful breakout would reaffirm Ethereum's market leadership and likely kickstart a new wave of adoption and price appreciation across the entire altcoin space. A rejection would signal a deeper correction and a longer period of uncertainty. For now, the market holds its breath, watching the wall, waiting for the rotation to culminate, and anticipating the decisive move that will set the tone for the months to come.
ETHUSD is moving within the 2110.00 - 2500.00 range 👀Possible scenario:
Ether briefly crossed $2,500 on June 29 but remained range-bound on June 30, fluctuating between $2,445 and $2,525. Traders are closely eyeing this resistance level amid rising volatility and renewed investor interest. With $269 million in net inflows in the past 24 hours, sentiment is improving. A clean breakout above $2,500 could drive further upside, but for now, THE remains in a tight consolidation, with traders on alert for the next move.
On the fundamentals side, Ethereum continues to strengthen. Over 35 million ETH—worth \$84 billion—are now staked, representing 28.3% of total supply. June saw a spike in staking after the SEC’s supportive guidance, though concerns linger as Lido, Binance, and Coinbase now control nearly 40% of validator power. Adding to momentum, the Ethereum community launched an onchain “time capsule” at EthCC, inviting users to lock messages and memories until the network’s 11th anniversary in 2026.
✅ Support and Resistance Levels
Support levels is now located at 2,400.00.
Now, the resistance levels are located at 2,500 and 2,550.00.
ETHUSD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse ETHUSD together☺️
The market is at an inflection zone and price has now reached an area around 2,437.2 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 2,426.5..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
ETHUSD – V-Recover, Then WaitEthereum broke down heavily to $2,371 before mounting a V-shaped recovery. After reclaiming the $2,420–$2,430 area, price entered a broad chop zone. Multiple local higher lows signal strength building, though upside is capped near $2,460. Breakout traders should watch for a clean move above $2,465 for momentum continuation. Breakdown below $2,435 invalidates.
Ultimate Ethereum Heist Plan : Catch the ETH/USD Bull Run!🌍 Hello, Global Money Makers! 🌟 Salaam, Ciao, Hola! 🌟
Dear Traders and Market Raiders, 🤑💸
Get ready to execute the *Thief Trading Strategy*—a slick blend of technical and fundamental analysis designed to conquer the ETH/USD crypto market! 📈💥 Follow the plan outlined in the chart for a *long entry* and aim to cash out near the high-risk *Yellow ATR Zone*. This is where the market gets wild—overbought conditions, consolidation, or even a trend reversal could trap the bears! 🐻💪 Take your profits and treat yourself—you’ve earned it! 🎉
**Entry 📈:** The heist begins! Wait for the *Moving Average breakout* at 2750 to strike. Bullish gains are calling! 💰
- Set *buy stop orders* above the MA for a clean breakout.
- Alternatively, place *buy limit orders* on a pullback within a 15 or 30-minute timeframe, targeting the most recent swing low/high.
📢 *Pro Tip:* Set an alert on your chart to catch the breakout moment! 🚨
**Stop Loss 🛑:** Listen up, crew! 🗣️ For *buy stop orders*, hold off on setting your stop loss until *after* the breakout. Place it at the nearest swing low on the 4H timeframe (around 2360) for day/swing trades.
- Adjust your stop loss based on your risk tolerance, lot size, and number of orders.
⚠️ Take control of your risk—it’s your heist, not mine! 😎🔥
**Target 🎯:** Aim for 3200 or exit early if the market signals a reversal.
**Scalpers, Eyes Here 👀:** Stick to *long-side scalping*. Got deep pockets? Jump in now! Smaller accounts? Join the swing traders and follow the plan. Use a *trailing stop loss* to lock in your loot. 💰
**Market Outlook 🐂:** The ETH/USD market is charging with bullish momentum, fueled by key fundamentals. ☝️ Check the linkks for *COT Report*, macroeconomics, sentiment, and intermarket analysis for a full picture. 👉🏻🔗
**⚠️ Trading Alert: News & Risk Management 📰**
News releases can shake up prices and volatility. Protect your positions:
- Avoid new trades during major news events.
- Use *trailing stop-loss orders* to secure profits.
💥 *Boost This Plan!* 💥 Support our *Thief Trading Crew* by hitting the Boost button. Let’s make money effortlessly every day with this strategy! 🚀🤝 Stay tuned for the next heist plan, and let’s keep raiding the markets! 🤑🐱👤🎉
ETH/USD – Bearish Setup with Potential BreakdownCurrent Price: $2,451.3
Resistance Zone: $2,559 – $2,674
Support Zone: Around $1,710
Market Bias: Bearish
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📌 Overview:
Ethereum is currently testing a major resistance zone between $2,559 and $2,674. This zone has historically acted as strong rejection, indicating potential seller dominance in this area. Multiple failed attempts to break above this level suggest a possible short opportunity.
---
📉 Trade Setup:
Short Entry: Near current price or on confirmation below $2,444
Stop Loss: Above $2,674 (above resistance zone)
Take Profit 1: $2,240.7 – Minor support level
Take Profit 2: $1,973.2 – Medium-term target
Final Target: $1,710.5 – Strong support zone and potential bottom
---
🧠 Technical Notes:
Price has formed a consolidation range just under resistance.
Strong bearish engulfing pattern seen on lower timeframes.
Breakdown from the highlighted zone could trigger a sharp move downward.
Risk-to-reward ratio favors short position if price fails to reclaim above resistance.
---
🚨 Risk Management:
Only enter with confirmation (e.g., 4H candle close below $2,440). Adjust position size based on your risk tolerance. Monitor for any invalidation signs such as strong bullish breakout above $2,674.
Chart Pattern Analysis Of ETH.
K2 verified a potential fake down of K1.
And,the supply pressure near the neck line keep decreasing.
It seems that K6 will choose to break up or fall down.
If the following candles close upon the neck line,
I will try to buy in.
If the following candles close below K3,
The risk will sharply increase.
Long-2388/Stop-2345/Target-2800
Long-2420/Stop-2345/Target-2800
Long-2488/Stop-2345/Target-2800
ETHUSD is moving within the 2110.00 - 2550.00 range 👀 Possible scenario:
Ethereum is holding above the key $2,400 level, trading at $2,450, despite a 7.45% drop over the past 30 days and a 5% weekly loss. Staying above this support keeps ETH within the range it’s held since early May.
On-chain data shows strong accumulation: whales bought 1 million ETH on June 16 — the biggest daily purchase since 2018. Spot ETFs also saw $232.4M in inflows over three days, signaling rising retail interest. While Q3 is typically weak for ETH, current momentum suggests bullish potential. A firm move above $2,400 could set the stage for a test of the range highs.
✅ Support and Resistance Levels
Support levels are now located at 2,110.00 and 2,400.00.
Now, the resistance level is located at 2,550.00.
ETH 4H – Testing the 200W MA
ETH is trying to reclaim the 200-week MA on the 4H chart.
The last 4H candle closed right on top of it.
The first 4H bar from June 26 closed above the 0.5 Fib, but that level was eventually lost.
If the 200W MA holds as support, price may attempt to flip the 0.5 Fib into support again.
Always take profits and manage risk.
Interaction is welcome.
#ETHEREUM - 900 POINTS MOVE ON THE RADARDate: 19-05-2025
#ETHEREUM - The last time we posted an update on this scrip was on 24th April. In fact, we did have had a run-up for about 900+ points move and we are expecting the same this time around also. I am making it very clear that the number of points it can move but not a direction. The chart says so.
Current Price: $2469
Mid-Point: $2571.73
Upside Targets: $2991.35, $3232.17, $3479.84 and $3727.50
Downside Targets: $2152.94, $1911.29, $1663.63 and $1415.96
Support: $2394.59
Resistance: $2750.52
A Week Ahead: 23.06.2025 – 29.06.2025 | Key Events to WatchMonday, June 23
EU PMI Index – key for EUR
US PMI Index – key for USD
Tuesday, June 24
Canada CPI – important for CAD
Fed Chair Powell Testimony – high-impact event for USD and US stock markets
Wednesday, June 25
Fed Chair Powell Testimony continues – markets will look for monetary policy clues
Thursday, June 26
US GDP Q1 – key for USD
Friday, June 27
UK GDP Q1 – important for GBP
Japan Retail Sales, Unemployment, CPI – important for JPY
Canada GDP – important for CAD
US Personal Income and Spending – key for USD and US stock market
Summary: This week is packed with macroeconomic data and Powell’s testimony, which could shake the USD, CAD, JPY, GBP, and US stocks.