ETH 1H Analysis - Key Triggers Ahead | Day 12💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing ETH on the 1-hour timeframe timeframe .
🔭 On the 1H timeframe of Ethereum, we can see that ETH is moving inside a very tight consolidation box along with heavy profit-taking. It has been strongly supported around the $4277 level. As a result, both the top and bottom of this 1H range appear very solid. Ethereum is currently in an accumulation phase, and it could break out of this box with tomorrow’s news. The key levels to watch are exactly the top and bottom of this range.
⛏ On the RSI, the critical zones are around 40 and 70 (Overbought). If price momentum pushes beyond these zones, Ethereum could experience a strong move. Tomorrow’s news is likely to have a significant impact on ETH volatility.
💰 The size, volume, and number of green candles are greater compared to the red ones. This structure indicates a price compression pattern. A taker-seller zone exists around $4480, where more sell orders keep activating. On the other hand, there’s a maker-buyer zone at the bottom of the box that supports ETH whenever price reaches it.
📊 On the 4H timeframe of ETHBTC, the pair is moving inside a descending channel. Each time price touches the channel’s bottom, it finds support. Currently, ETHBTC has formed a V-pattern, and if it breaks the neckline, more Bitcoin could be converted into Ethereum. However, for this breakout to happen, the RSI across the 1H–4H multi-timeframes needs to move into the Overbought zone.
💡 The alarm zones for Ethereum are set at $4272 and $4480. Breaking either of these levels could trigger a strong move. For a long setup, breaking above $4480 requires high volume and strong buying pressure to absorb the sell orders placed there. Tomorrow’s news is extremely important—most of the market is waiting for it. There’s a lot of talk about a potential interest rate cut, which will directly affect Ethereum’s trend. From a technical perspective, strong patterns have already formed, and their breakout will likely align with the NFP news release tomorrow.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
