$ETH update 18th October 2025 1W and 1D

Oct 18

This is an update on Ethereum (ETH) for both the weekly and daily timeframes.

I’m using two of my indicators:
=> The MTF MACD (Multi Time Frame MACD), which shows overall bullishness through color aggregation — the brighter it is, the more bullish it becomes. It also includes an EMA line for trend clarity.
=> My classic RSI Divergence indicator.
(You can find them on TradingView by searching for Nikko.)
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Weekly Timeframe

On the 1W chart, ETH looks bearish.
That doesn’t mean we won’t see some short-term pumps on lower timeframes, but the overall outlook remains bearish, with a consolidation phase currently in progress.

The MTF MACD EMA line is trending downward — a clear sign of profit-taking and exit zones. The histogram is dark, which shows bearish sentiment across multiple timeframes. In short, the main bullish phase is likely over, and we are now entering consolidation.

The RSI confirms this view. The stochastic RSI has been heading down for a while, and the RSI itself is also pointing lower — signaling a global cool-down. However, there’s no bearish divergence this time, which suggests we might not experience a large dump, but rather a slow and sideways consolidation.

The first support at $4,000 has already failed, so the next levels to watch are:

- $3,400 (current target),
- $3,000 (major support),
- and finally $2,500 if the drop extends.

A deeper correction to $1,500 is technically possible but highly unlikely.
The most probable scenario is a range between $3,000 and $4,000 in the coming months.

Daily Timeframe


Recently, ETH experienced a -25% correction, so a dead-cat bounce is expected — possibly up to $4,000–$4,100 — before another leg lower.

This is profit-taking time, not accumulation time.
The ideal buying zone was within the yellow histogram area, which previously offered a clean 42% gain.

Conclusion

A short-term bounce is likely, and a long trade from the current level into next week could perform well.
However, for long-term accumulation, there should be better entries later this year.

This consolidation phase will probably last around six months, similar to previous cycles.
You can confirm this by checking the distance between the yellow phases on the MTF MACD — each represents a momentum wave lasting roughly half a year, and we’re now entering another one.
History often repeats itself.

DYOR, and if you found this analysis useful, don’t forget to hit the like button!

Nov 4

Trade active

ETH reached our second bearish target and it is on the way to the next target at $3000

This drop at $3250 is still significant and we might go sideway for a while, to reset the indicators. SRSI, MACD are all very oversold. But since we are in a bearish environment and macro, I do not see a pump. Maybe a dead cat bounce?
I still think that $3000 is a possibility, and a high probability for a bullish reversal.