Ethereum Isn’t Weak — It’s Being AbsorbedETH/USD – H1 Technical Breakdown
Ethereum is currently trading inside a well-defined sideways range, bounded by a firm support zone near the lower box and a clearly defended resistance band above. This is not random consolidation it is structured balance, where liquidity is being built rather than released.
On the price action side, ETH has repeatedly swept liquidity near the support zone and responded with sharp rebounds, indicating aggressive absorption by buyers. Each sell-off into the lower boundary has failed to extend, suggesting that downside momentum is being capped. Meanwhile, upside attempts are still capped by the resistance zone, keeping price compressed inside the range.
From a trend and moving average perspective, price is now attempting to reclaim the short-term EMA, while the longer EMA still acts as a dynamic ceiling. This creates a classic compression environment: volatility contracts, fake moves appear, and impatient traders are forced out.
Market Logic Going Forward
- As long as ETH holds above the support zone, downside remains corrective, not trend-defining.
- A clean acceptance above the resistance zone would signal range resolution, opening room for expansion toward the upper targets.
- Until that happens, ETH is in a positioning phase, not a trending phase — chasing candles inside the box remains low probability.
Key Takeaway
This is not a market choosing direction yet. It is a market testing commitment. The real move begins when price leaves the range with acceptance, not when it reacts inside it.
ETH
ICP — 99.96% Down From ATH | Generational Bottom FormationAfter nearly 5 years of continuous distribution and capitulation, ICP appears to have completed a full macro bear cycle. Price is ~99.96% down from ATH and has formed what looks like a final all-time low around $1.16, followed by prolonged sideways consolidation — a classic sign of seller exhaustion.
Time-based structure is key here: major crypto bottoms historically form 4–5 years post-launch, once early investors, VCs, and emissions are fully absorbed. ICP is now exactly in that window. Instead of continuing lower, price is compressing and ranging, suggesting accumulation rather than distribution.
The current range ($1.16–$6) represents a massive absorption zone. Failed rallies are expected at this stage and do not invalidate the bottom — the first impulse usually fails. A reclaim of the $3.3–$3.6 region would signal momentum shift, while a break above ~$6 would confirm a macro trend reversal.
With sentiment washed out and volatility compressed, risk/reward at these levels is asymmetrically bullish**. If history rhymes, 2026 aligns with a potential expansion phase following this multi-year base.
Could we se a reveral from here?Ethereum (ETH/USD) is reacting off the pivot and could bounce to the 50% FIb resistance.
Pivot: 2,774.18
1st Support: 2,578.20
1st Resistance: 3,169.47
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
This ETH Bounce Is a Trap — The Real Move Hasn’t StartedETHEREUM MARKET ANALYSIS (ETHUSD – H4)
1. Current Price Structure
Ethereum is currently trading inside a well-defined descending channel, confirming a controlled bearish structure on the H4 timeframe. Price continues to respect both the upper and lower boundaries of the channel, forming lower highs and lower lows, which validates the short-term downtrend.
The recent rebound from the channel’s lower boundary is corrective in nature and does not yet signal a trend reversal. Structure remains intact unless price decisively breaks above the channel resistance.
2. Key Technical Zones
Resistance Zone: 2,900 – 2,960
This area aligns with:
- Upper boundary of the descending channel
- Previous breakdown structure
- Strong supply reaction zone
Support Zone: 2,620 – 2,650
This zone represents:
- Channel demand area
- Liquidity pool below recent lows
- Potential reaction zone for short covering or accumulation
As long as price trades below resistance, this zone caps upside attempts.
3. Market Behavior & Psychology
Ethereum is displaying textbook corrective behavior:
- Sharp impulsive drops followed by shallow consolidations
- Buyers attempting short-term rebounds, but failing to regain structure
- Sellers defending channel resistance aggressively
This reflects a market where smart money is distributing on pullbacks, while retail buyers attempt early reversals. The structure favors patience and discipline rather than anticipation.
4. Scenario Outlook
Primary Scenario – Trend Continuation (High Probability)
Price retests the resistance zone (2,900 – 2,960)
Rejection occurs at the channel top
ETH continues downward toward the support zone (2,620 – 2,650)
This scenario aligns with structure, momentum, and liquidity flow.
Alternative Scenario – Structural Shift (Low Probability)
Strong H4 close above channel resistance
Successful retest holding above 2,960
Opens the door for a deeper corrective rally
Until that happens, this scenario remains secondary.
5. Trading Guidance & Conclusion
Favor sell setups at resistance, not buys inside the channel
Avoid emotional bottom fishing without confirmation
Wait for structure break + acceptance before shifting bias
Conclusion:
Ethereum is still trading within a controlled bearish framework. The current bounce is corrective, not impulsive. Until the descending channel is broken with conviction, the path of least resistance remains to the downside, with the support zone as the next key destination.
Discipline and structure-based execution remain the edge in this environment.
ETH Price Slice. Capital Sector. 2777.24🏷 ETH Price Slice. Capital Sector. Date: 17.12.2025
🏷 2777.24 — Price not yet reached at time of publication
🏷 Ξ-Covenant Passport: Energy Commitment of Price Execution (the essence of future numbers is to see the vertical order of the price sector, whose foundation is the binding of price to the production energy of miners born in the blockchain)
Today I will not disclose the execution number and priority on charts. For there is only one master of the price sector — the new international technical analysis, existing across multiple dimensions through its analytical grid.
This system is demonstrated to the international class of market participants — from retail traders to institutional players and major corporations — without revealing the secrets of capital. To approach understanding price and its execution order, we must first comprehend the essence of miners' production energy.
The future has already arrived. I am its declarant.
Soon the world will be presented with a price sector available exclusively to my subscribers. I express deep respect to the TradingView moderators for the opportunity to demonstrate what the markets have been awaiting for so long.
I am the founder of this direction. My analytical method, requiring no words or translation, will become clear to all through the demonstration of the analytical grid of the price sector — revealed through the logic of mathematics, new technical analysis, and understanding the marking of multimillion flows of miners' production energy.
This is not a forecast. This is a declaration of new reality.
🏷 Screenshot
🏷 I. Interactive Reference Guide: BPC — The Bolzen Price Covenant
🏷 II. Execution Tithe
Instruction for the International Arena: Execution Tithe
🏷 P.S. English is not my native language — I offer no apologies for stylistic imperfections. What you see here is not a post. It is a demonstration of another level of preparation: the symbiosis of human intuition and algorithmic precision. Mathematics and aggressive market analysis — against the machine of liquidations.
The Architect
BPC — The Bolzen Price Covenant
ETH mid-term TAEthereum as well as Bitcoin has stopped the distribution on daily time frame and both may have a relief X-mas rally, but it's too early to confirm yet and it's not a reversal of a downtrend either, the indicators remain in the bearish territory which may result in a short-lived rally. Be cautious of the current high risk. Technically mid-term trend remains bearish.
ETHEREUM - Hunting for liquidity before the decline continuesBINANCE:ETHUSDT quickly returned to its decline after a short squeeze based on market manipulation and updated its low to 2805.
Looking at the daily timeframe, we can see that ETH is in a downtrend. An attempt to break the bearish trend resulted in another decline, which has been going on for more than a week.
Bitcoin fell victim to the reverse Christmas rally yesterday and formed a rather interesting daily bar on Wednesday, indicating a weak market.
Global and local trends are downward. Ethereum is pausing after a bearish rally. The 2805 pause zone could trigger a correction to the zone of interest — the border of the previously broken consolidation zone of 2890-2936.
Resistance levels: 2890, 2940, 2975
Support levels: 2805, 2715
A countertrend movement may form a false breakout before a further decline. Given the current technical situation, it is not rational to consider buying. We are looking for opportunities to sell...
Sincerely, R. Linda!
ETH/USDT – 4H Quick UpdateETH/USDT – 4H Quick Update
ETH has bounced strongly from the rising trendline support near 2,900, confirming that buyers are active.
The price is now holding above the short-term moving averages, which supports a bullish short-term bias.
The current move looks like a reaction from a demand zone, not a random pump.
Support: 2,900–2,880
Resistance: 3,100–3,150
Targets:
3,300–3,400 (Upper trendline)
3,500+ if momentum increases
ETH is reacting right from the main decision area. As long as the structure holds, the chart favors a continuation towards the upper trendline.
⚠️ This is not financial advice. Trade with confirmation and risk management.
DYOR | NFA.
BTC Update: Chop, Chop, Chopping Wood. Don't get shaken out. BTC Update: Price is doing exactly what I was expecting after the prior expansion phase - chopping and grinding rather than resolving immediately. Despite the growing panic and bearish sentiment, the market has not seen a true downside flush yet. From a structural perspective, this still looks like a higher timeframe consolidation rather than a full trend breakdown.
On the weekly, BTC remains above major cycle support, and the recent weakness appears more corrective than impulsive. Historically, these types of ranges tend to resolve with one final liquidation move to reset positioning. I’m still watching for a sharp downside extension into the ~$70k region, which would represent a deeper test of higher timeframe demand and a more complete sentiment washout.
What stands out most right now is sentiment. Fear has escalated quickly relative to actual structural damage, which is typically what you see before a final flush, not after one. Until that move happens, I expect continued volatility and frustration as the market works through excess leverage.
Assuming a proper reset plays out, this would likely set the stage for a cleaner continuation higher into early next year. For now, patience is key - this phase is about letting the market finish its reset before the next sustained leg develops.
ETHUSDT - Intraday Long From Range Low?Alright traders, this one is a conservative intraday idea, not a YOLO moon mission.
After yesterday’s CPI pre-washout, ETH looks like it still wants to respect the range before doing anything dramatic.
I’m not expecting an instant breakdown to 2,700 — more like one more visit to the lower part of the range, and then a bounce.
Market Context (Big Picture, No Panic)
On the W/D timeframe, ETH is still in a correction inside a broader bull cycle.
We’re well above the early-year lows, but also below the last swing high around 3.3k.
On-chain + ETF data still look healthy:
• increasing treasury / ETF holdings
• no signs of cycle euphoria
• sentiment is fear, not hype
Which usually means:
mean-reversion works better than aggressive breakdown bets, unless we’re at extreme levels.
Intraday-wise (4H–15M):
ETH is chopping in a 2,800–2,900 range.
• wicks below 2,800 get bought fast
• moves above 2,900 get sold
Classic range behavior.
⸻
The Trade Plan (Simple and Boring — the Good Kind)
• Direction: ETHUSDT long
• Entry (limit): 2,820
• Stop loss: 2,760
(below today’s low and the 2.8k support area)
• Take profit: 2,950
(below 1H resistance and the top of the range)
Risk is about 60 points, potential reward about 130 points,
so roughly R:R = 1:2.2.
Not sexy, but very tradable.
This setup is valid only until ~14:30 CET.
After that, CPI and US data can completely rewrite the structure — and I’d rather be flat than heroic.
⸻
Why This Makes Sense (At Least to Me 😄)
• The market is in full “waiting for CPI” mode
• Fear dominates sentiment
• After a vertical dump, ETH is absorbing sell pressure, not accelerating lower
• Rising volume on lower wicks suggests buyers stepping in, not panic continuation
A long from 2,820 gives us a clean shot at another reversion leg toward the mid-to-upper range.
If price breaks below 2,760, the idea is invalid —
that likely opens the door to the 2,700–2,750 liquidity zone,
and that’s a different trade, not a reason to hope harder.
⸻
Trade Management Rules (No Negotiation)
• Entry only via limit near 2,820
• If ETH runs straight above ~2,890 without a pullback → setup is invalid
• If price quickly tags 2,930–2,950 before CPI, take the profit and walk away
• No averaging, no forcing, no attachment
This is an intraday range play — not a belief system.
⸻
Let’s see if ETH respects the range one more time
before macro chaos takes over.
Trade safe, manage risk, and let the market do the heavy lifting 📊🚀
Next Volatility Period: Around January 1, 2026
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(ETHUSDT 1D Chart)
This volatility period is expected to last until December 17th.
To initiate an uptrend, the price must rise above the M-Signal indicator on the 1M chart and remain stable.
In this sense, the key is whether the price can find support near 2887.66 and rise above 3025.27 to maintain its upward momentum.
However, a full-scale uptrend is expected to begin only if the price rises above the HA-High ~ DOM (60) range on the 1M chart (3321.30-3438.16).
-
From a trading perspective, trading below the M-Signal indicator on the 1M chart is difficult, so if possible, it's best to find a trading opportunity around 3025.27 based on the presence of support.
In the medium to long term, you can buy in installments whenever support is found near the DOM (-60) ~ HA-Low range.
Therefore, the timing for buying in installments is until support is found near 2770.12-2887.66.
However, if the price declines from the DOM(-60) to HA-Low range, a step-down trend is likely, so you should consider a countermeasure.
In other words, if you bought when the price was supported near the DOM(-60) to HA-Low range, you can sell a portion of your holdings when the price rises and then begins to decline, leaving the coins (tokens) corresponding to the profit. This can be done in installments.
-
To sustain the uptrend from a long-term perspective, the price must be maintained above 2419.83-2706.15.
If this fails and the price declines, a long-term downtrend is likely, so you should consider a countermeasure.
There are two types of declines:
1. Normal Decline
This occurs when the price rises from the DOM(-60) to HA-Low range, forms the HA-High to DOM(60) range, and then declines.
This decline is likely to continue until it reaches the DOM(-60) or HA-Low indicators, making it difficult to gauge the actual extent of the decline.
Therefore, during a normal decline, it's difficult to determine the timing of a partial purchase, so caution is advised when making a purchase.
However, other indicators and support and resistance levels can be used to estimate the timing.
2. Staircase Decline
This refers to a further decline from the DOM(-60) to HA-Low range.
Therefore, if the decline continues, the DOM(-60) or HA-Low indicators will eventually be encountered again, allowing for the timing of a partial purchase.
However, because it's impossible to predict the frequency of this decline, split trading is necessary.
When making a split trade, it's important to increase the number of coins (tokens) corresponding to the profit by engaging in short-term trading (day trading) at each split purchase price.
At the same time, you should recover a portion of your principal to secure funds for future split purchases.
-
Among the declines mentioned above, the moment we should be interested in is when the second step decline occurs.
In other words, it's worth considering trading when the DOM(-60) or HA-Low indicators are met.
-
Thank you for reading to the end.
I wish you successful trading.
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Ethereum Is Absorbing Supply — The Break Comes After PatienceEthereum on H1 is holding inside a well-defined sideways range following the sharp impulsive sell-off, with price now rotating between a defended support zone and a capped resistance band around the 3,000–3,020 area. This type of tight consolidation after an aggressive move lower signals absorption rather than continuation, as sellers fail to push price into acceptance below support while buyers are not yet strong enough to reclaim resistance. The structure suggests balance and compression, not trend resolution, with liquidity building on both sides of the range.
From a macro perspective, this behavior aligns with the broader crypto environment. Risk sentiment has stabilized, and while liquidity conditions are not expanding aggressively, there is no fresh macro shock to justify another impulsive leg down. Expectations around U.S. monetary policy remain relatively steady, limiting USD strength and allowing crypto assets like ETH to consolidate instead of breaking down. However, the lack of strong liquidity inflows also explains why upside remains capped and corrective for now.
As long as ETH continues to hold the support zone, downside is likely limited to range rotation rather than trend continuation. A clean acceptance above the resistance zone would signal alignment between technical structure and macro conditions, opening the path toward a stronger recovery move. Until that breakout occurs, this is a patience phase the edge appears only when price leaves the range with clear intent.
ETH Finishes Wave 5 — Is an ABC Reversal Starting?ETH/USD – H4 MARKET ANALYSIS
1. Market Structure
- Ethereum has completed a full 5-wave bearish Elliott structure (1–2–3–4–5).
The strongest selling pressure appeared during Wave (3), followed by a final capitulation move at Wave (5).
- After reaching the Wave (5) low, price failed to make a new low and instead began forming a small accumulation base, signaling seller exhaustion.
This confirms that the bearish impulse has ended, and the market is transitioning into a corrective recovery phase.
2. Elliott Wave Context
Wave (5) completion → end of the bearish cycle
Price reaction from the low aligns with Wave A
Current structure suggests a corrective ABC move, not a trend reversal
Expected path:
Wave A: Initial technical rebound
Wave B: Shallow pullback to absorb supply
Wave C: Continuation higher toward resistance
3. Key Technical Zones
Demand Zone: Wave (5) low (critical invalidation level)
Resistance 1: Previous Wave (4) structure
Resistance 2: Higher structural + MA confluence (Wave C target)
As long as price holds above the Wave (5) low, the corrective scenario remains valid.
4. Scenario Outlook
✅ Primary Scenario (High Probability)
Price holds above Wave (5) low
ABC correction continues to unfold
Wave C pushes price higher into resistance
This is a technical rebound, not a macro trend reversal
⚠️ Alternative Scenario
Strong breakdown below Wave (5) low
→ Elliott structure invalidated
→ Bearish trend resumes
5. Trading Bias
Short-term: Buy the dips within the ABC structure
Avoid chasing impulsive moves
Focus on pullbacks during Wave B
Strict risk management is required — this is a corrective phase
Summary
Ethereum has completed a bearish Elliott cycle and is now entering a corrective ABC recovery.
As long as the Wave (5) low holds, short-term upside remains favored.
BTC Is Quiet… That’s When Explosions Begin.BITCOIN (BTC/USD) – 1H MARKET ANALYSIS
1. Current Market Structure
Bitcoin has completed a sharp bearish impulse, followed by a clear range based consolidation inside a defined demand zone. Price is no longer making lower lows aggressively, indicating selling pressure has been absorbed. The market is transitioning from distribution into accumulation on the 1H timeframe.
Key observation:
- Strong impulsive drop → liquidity grab
- Sideways compression → energy building phase
This is not random ranging it is structured consolidation after a sell-off.
2. Key Zones & Liquidity Mapping
Demand / Accumulation Zone: ~85,200 – 86,300
→ Area where buyers are actively defending and absorbing sell orders.
Mid Resistance: ~87,700 – 88,000
→ First reaction zone once price breaks the range.
Major Resistance / Target: ~89,800 – 90,000
→ Prior supply + liquidity resting above equal highs.
As long as price remains above the demand zone, downside risk is limited.
3. Market Psychology
This is the phase where:
- Retail traders lose patience due to slow movement.
- Weak hands exit positions inside the range.
- Smart money accumulates quietly at discounted prices.
The repeated up–down movement inside the green box is liquidity engineering, not indecision.
4. Primary Scenarios
Main Scenario (Preferred):
Continued consolidation inside the demand zone.
Formation of higher lows within the range.
Break above range high → momentum expansion.
Target progression:
TP1: ~87,800
TP2: ~89,000
TP3: ~89,800–90,000
Invalidation Scenario:
Clean 1H close below ~85,200.
Would open downside continuation currently low probability based on structure.
5. Summary & Trading Insight
Bitcoin is behaving exactly as expected after a strong sell-off:
✔ Liquidity taken
✔ Accumulation confirmed
✔ Breakout preparation in progress
This is a patience market. Those who wait for structure confirmation will be positioned ahead of momentum traders.
The market rewards discipline, not urgency. Stay aligned with structure not emotions.
Ethereum May Have Finished the Sell-Off — Now Comes the TestOn the H4 timeframe, Ethereum’s price action aligns well with a completed 5-wave Elliott impulse to the downside. Wave (1) initiated the breakdown from the prior distribution range, followed by a weak corrective Wave (2) that failed to regain structure. Wave (3) unfolded as the strongest and most extended leg lower, confirming dominant bearish momentum a textbook characteristic of a third wave. This was followed by a shallow, overlapping Wave (4), before ETH printed a final Wave (5) sell-off into the 2,880–2,950 region, where downside momentum visibly slowed, suggesting selling exhaustion.
With Wave (5) likely completed, ETH now appears to be transitioning into a corrective ABC structure to the upside. The initial rebound from the lows can be interpreted as Wave A, followed by a potential pullback to form Wave B, before a broader Wave C advance toward the upper resistance zone around 3,400–3,450. This type of move would represent a technical recovery, not a confirmed trend reversal, consistent with post impulse Elliott behavior.
From a macro perspective, this Elliott setup fits the current environment. Broader crypto markets are stabilizing as risk sentiment improves modestly and no new liquidity shock is present. Expectations around U.S. monetary policy remain relatively steady, with yields no longer accelerating higher a condition that reduces pressure on risk assets like ETH. However, the absence of aggressive liquidity expansion also implies that any upside is more likely corrective and structured, rather than impulsive and trend-defining.
In summary, as long as the Wave (5) low holds, the Elliott framework supports a recovery via an ABC correction. A decisive break below that low would invalidate the count and reopen bearish continuation risk. Until confirmation is clear, patience remains critical the edge lies in letting both structure and macro conditions align before committing.
ETH: Price Slice. Capital Sector. 2822.29🏷 ETH: Price Slice. Capital Sector. Dated: 08.12.2025
🏷 2822.29 — Price not yet reached at time of publication
🏷 BPC — The Bolzen Price Covenant 10
Factors Defining the Structure of the Price Field within BPC The Bolzen Price Covenant
The trend is a secondary, yet strategically significant, element of the analytical construct.
The foundation of the system lies in the execution cycle of price markup , synchronized with miners’ production energy and visualized through a vertical chart .
Within this chart, each price assumes a strictly defined position a “cell” according to its intrinsic ordinal number. This architecture constitutes the analytical grid , access to which will be granted to subscribers within the coming week.
I have developed price execution priority indicators , which account for the volume of energy expended by miners in the production of a given price. These indicators refine the sequence of price execution within the analytical grid.
Crucially : execution priority, as determined by energy expenditure, must not be conflated with the order of price execution these are distinct, albeit interrelated, categories.
The vertical chart is integrated with the BPC The Bolzen Price Covenant Strength Index and is deployed across two access tiers:
Base Tier : The first segment of prices is published, annotated with their execution priority. At this level, each price enters the execution queue.
If a price is absent from the base vertical chart, it signifies that its production energy is insufficient for inclusion in the current execution queue. Such a price will instead appear on the Master Chart , where it is positioned according to annual forward markup and its place in the long-term hierarchy.
This is a new form of technical analysis , born in the era of global transition into blockchain systems and the synthesis of human judgment with algorithmic precision .
This methodology does not forecast it records price commitments , revealing the true structure of capital and its flow through the lens of energetic cost.
🏷 Interactive Reference Guide: BPC — The Bolzen Price Covenant
🏷 P.S. English is not my native language — I offer no apologies for stylistic imperfections. What you see here is not a post. It is a demonstration of another level of preparation: the symbiosis of human intuition and algorithmic precision. Mathematics and aggressive market analysis — against the machine of liquidations.
The Architect
BPC — The Bolzen Price Covenant
ETHUSDT - Chart Update (4H)ETHUSDT - Chart Update (4H)
ETH has reacted perfectly to the brokerage trendline, forming a potential reversal zone. If support holds in the lower range, a V-shaped recovery is possible.
Support: 2.85K–2.9K (Must hold)
Upside potential: Break and hold above 3.1K → 3.5K
Key Resistance: 3.55K–3.6K Trendline Zone
As long as 2.85K holds, the bullish scenario remains valid. A move above this level would confirm further upside.
Higher risk, higher reward zone - Awaiting confirmation.
DYOR | NFA.
ETH: Price Slice. Capital Sector. 2854.65🏷 ETH: Price Slice. Capital Sector. Dated: 12.12.2025
🏷 2854.65 — Price not yet reached at time of publication
🏷 BPC — The Bolzen Price Covenant 6
🏷 Screenshot
🏷 Interactive Reference Guide: BPC — The Bolzen Price Covenant
🏷 P.S. English is not my native language — I offer no apologies for stylistic imperfections. What you see here is not a post. It is a demonstration of another level of preparation: the symbiosis of human intuition and algorithmic precision. Mathematics and aggressive market analysis — against the machine of liquidations.
The Architect
BPC — The Bolzen Price Covenant
ETH | UPDATE📊 ETH Update — Momentum Zone in Focus
Ethereum is trading near an important structure area where buyers have previously stepped in. Holding above this support keeps the bullish bias intact, and a strong reaction from this zone could open the door for a move toward the next resistance level.
🔓 Entry: 2,948
❌ Stop Loss: 2,865
🎯 Target: 3,027
Volume and price behavior around these levels will be key.
Do you see continuation from here or a pullback first? Share your view below 👇
A like/support helps this idea reach more traders 🚀
⚠️ Disclaimer: This reflects personal market analysis and is not financial advice.
Bearish drop?ETH/USD may face short-term resistance and could pull back toward the first support level.
Pivot: 3,163.01
1st Support: 2,757.37
1st Resistance: 3,397.46
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party






















