ETH at a Crossroads: Bounce or Breakdown?ETH at a Crossroads: Bounce or Breakdown?
ETH hit our first target at 4335 and bounced back over the weekend.
Right now, it's testing a strong resistance zone—the same area that caused a drop before. If this zone holds, ETH could start another bearish wave (as shown in the black scenario), but the setup still needs more time to develop.
If ETH pushes a bit higher, it might reach 4650, where another resistance zone could trigger a reversal.
BTC also looks weak, and if it drops, ETH might follow—even though it’s holding up better for now.
Overall, it’s still a risky setup, especially with the USD lacking clear direction.
I lean toward the bearish scenario in black, but we’ll need to watch how things unfold.
You may find more details in the chart!
Thank you and Good Luck!
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ETHUSDT.P trade ideas
" Ethereum Silent Signal:Will the Triangle Spark a Trend Shift?"ETH breaks out of a descending triangle, hinting at a potential bullish reversal after sustained bearish pressure.
📊 Setup & Targets
A descending triangle formed under a bearish trendline now sees price action testing the breakout zone. With the breakout looking valid, the wave structure suggests the following bullish targets:
🔹 Immediate Target – 4,498.48
🔹 Secondary Target – 4,655.97
🔹 Final Target – 4,778.20
⚠️ Rejections & Price Pattern
Multiple rejections from both the descending resistance and horizontal support confirm the pattern’s integrity. The final squeeze at the apex increases the breakout's reliability, assuming volume supports the move.
🧠 Final Thought
A clean breakout from a high-probability pattern like the descending triangle often leads to strong impulsive moves. Watch for retests near 4,300–4,320 for confirmation before continuation.
Ethereum Holds Above Key Support, Eyes Rotation Toward $7,200Ethereum is consolidating above $4,090, retesting a critical support zone. Market structure remains bullish, with the next upside target situated at $7,200, a key Fibonacci resistance level.
Ethereum’s price action is showing resilience as it consolidates above its previous all-time high, retesting the $4,090 support level. This zone represents a crucial pivot point for continuation higher, supported by strong technical confluence. With the weekly market structure still intact, Ethereum is preparing for a potential rotation toward higher resistance levels.
Ethereum (ETH) Key Technical Points
- Support at $4,090: Critical zone reinforced by bullish order block and value area low below.
- Market Structure: Weekly trend remains bullish with consecutive higher highs and higher lows.
- Upside Target at $7,200: Fibonacci resistance and major level in focus for continuation.
Ethereum is currently defending the $4,090 region, which has become a vital support following its breakout above previous all-time highs. This level not only represents horizontal structure but also aligns with a bullish order block just below. The presence of the value area low further strengthens the confluence, allowing for potential wicks into the zone before a bullish continuation.
Price action suggests that Ethereum’s bullish structure on higher timeframes remains valid. The weekly chart continues to print higher highs and higher lows, signaling a trend that is well intact. As long as $4,090 holds, the probability of continuation toward higher objectives outweighs the risk of a breakdown.
The next major resistance lies at $7,200, which represents a Fibonacci extension level. This region is significant because it marks not just a technical resistance but also a psychological milestone. A test of this level could attract renewed demand and potentially fuel an even higher rotation if breached with conviction.
Volume behavior will be crucial in confirming the move. Sustained bullish influxes are needed to validate momentum toward $7,200. Without increased participation, Ethereum risks extended consolidation around current levels. However, given the alignment of technical support zones and preserved market structure, conditions remain favorable for continuation.
What to Expect in the Coming Price Action
As long as Ethereum maintains the $4,090 support level, traders can expect continuation higher. A clean defense of this region opens the path toward $7,200, with the broader bullish structure intact. A breakout above this Fibonacci level would further extend Ethereum’s uptrend, while failure to defend $4,090 may trigger a wick into the value area low before continuation resumes.
Ethereum (ETH/USDT) – Neowave UpdateEthereum continues to move inside a short-term descending channel. Based on the Neowave count, the current structure can be interpreted as wave G of a Diametric pattern.
🔑 Main Scenario:
• If ETH manages to hold above 4315, buyers could regain control.
• In that case, a move toward the channel’s upper boundary around 4410 is likely, completing wave G of the Diametric.
⚠️ Alternative Scenario:
• Failure to sustain above 4315 will keep the bearish tone intact.
• In this case, ETH may retest the lower boundary of the channel, with possible extensions toward 4200–4150.
📌 Conclusion:
Ethereum is at a decision point. A confirmed breakout above 4315 opens room for a rally to 4410, while rejection from this level could extend the corrective phase lower.
ETH Breakout Ahead: $6700 Target on the Horizon !Hello Traders 🐺
As I mentioned before, when ETH was around $1430, I said price is on its way to reclaim its ATH. Now, after breaking above this huge triangle pattern — an obvious sign of long-term accumulation — the next target sits around $6700 at the 0.5 Fibonacci level.
But it’s not just the technicals. Fundamentals are also pointing toward a strong upcoming pump:
Inflation at 2.7% → almost in line with the Fed’s target.
Unemployment at 4.3% → highest in 4 years, signaling labor market weakness.
NFP only 22K → far below trend.
Jobless Claims above expectations → more signs of deterioration.
This combination puts the Fed in a forced position: either cut rates or risk a severe recession.
📉 Realistic Odds
A 25bps rate cut in September looks almost certain.
A larger 50bps cut is, in my opinion, more likely than what the market is currently pricing (above 10–14%), given how weak labor data really is.
Now let’s zoom into the 4H chart:
As you can see, ETH is forming a falling wedge, ready to break to the upside. If price manages to push above the current high, we can expect strong volatility and continuation to the upside.
I hope you enjoy this idea and as always remember our golden rule :
🐺 Discipline is rarely enjoyable , but almost always profitable . 🐺
🐺 KIU_COIN 🐺
$ETH doesn’t look done pumping yetCRYPTOCAP:ETH doesn’t look done pumping yet. While it’s screaming for consolidation, past cycles suggest another leg up toward $5,200–$5,400 or even higher at $6,000 before hitting critical overbought levels.
The likely scenario, if history repeats, is a sharp correction back to the EMA 50. However, strong institutional inflows could front-run this, pushing CRYPTOCAP:ETH higher without ever revisiting $4,000.
MACD and RSI are extended, but price action remains resilient. CRYPTOCAP:ETH can stay overbought longer than expected before finally flipping bearish.
No bearish divergeance, just a nice pump.
Bottom line: CRYPTOCAP:ETH still looks bullish, with 20–50% upside from here likely. But momentum is heating up, so it may be wise to gradually secure profits before the inevitable pullback.
DYOR
ETH – Back at support?Demand box is still holding price. We just tagged H4 EMA200 and trendline again too, good long opportunity with a very tight invalidation.
More importantly, watch a possible loss of the trendline and demand zone for a flush into the 3800 zone, I think the better long opportunity is there and it can pay to have some bids sitting there.
Ethereum (ETH): Getting Ready For New ALL-TIME-HIGHETH has shown strong momentum, and as long as buyers keep dominating the $4,000 zone, the structure stays bullish. This level has been holding, and now we’re entering the next phase of the bull run — liquidity is starting to rotate from BTC into ETH.
Our eyes are on the breakout above the channel highs. If that happens, we expect ETH to push toward $7,000 next, with $9,000 as the major target for this cycle.
Swallow Academy
Ethereum (ETH): Strong Support Zone Forming Here | BullishETH is showing signs of building momentum here. The EMAs are starting to squeeze closer together, which usually signals that we are gearing up for a strong move.
Price is already holding well above local support, and if we get the expected bounce from this zone, we could see an explosive push higher. The structure is similar to the previous EMA reactions we’ve had, and as long as this dynamic support holds, the upside target at $5,555 remains in play.
Swallow Academy
Ethereum (ETH): Looking For Bounce From 200EMAETH is now back at the 100EMA on the 4H timeframe, the same area where we’ve caught strong bounces before. Both of the last retests gave us solid upside moves, and we’re waiting to see if the same play-out happens again from here.
As long as ETH holds above this EMA zone, the bullish structure remains intact. We’re looking for buyers to step in here and build momentum towards the $5555 target.
Swallow Academy
Ethereum (ETH): Bounce From Moving Average | BounceETH is starting to show early signs of reversal after holding the local support and bouncing from the EMA zone once again. If you look closely, the structure is repeating the same pattern we saw in earlier setups — EMA support giving buyers the base for continuation.
Price is already pushing higher, confirming that buyers are regaining control. As long as we stay above the bounce zone, the expectation remains for further upside, with $5,555 still being the main target in play.
Swallow Academy
Ethereum (ETH): Pressure Around Zone of EMAs | Bullish? BINGX:ETHUSDT.P is still hovering around the EMAs, creating a zone of pressure. This area has repeatedly acted as a pivot point in the past, and we are now waiting to see if buyers step in with the same momentum.
As long as price holds above this structure, the bullish setup remains valid. A clean bounce from here could open the door for continuation toward $4,800 and eventually $5,555.
Swallow Academy
Decision Time for ETHCRYPTOCAP:ETH is struggling at the marked resistance zone.
Price has tested this area multiple times, which confirms it as a strong supply region. Right now, ETH is consolidating below resistance while holding above the supportive trendline.
If bulls can secure a clean monthly close above this resistance zone, the path opens for continuation toward higher levels. But if rejection plays out again, we could see a pullback to the supportive trendline or even toward the key support zone before another attempt.
This level is critical, it will decide whether ETH breaks into a new rally or spends more time ranging.
DYOR, NFA
More updates coming soon, Stay turned
ETH one last push before rate cuts in September.Ethereum broke down-trend since last All time high while holding green trend line.
This gives one more opportunity to visit 1.272 fib level which is at 5100-5250$
After this move is done expect agressive correction to ~3440$. ETH will surge up to the new ATH at the end of this cycle after correction is over probably somewhere in october.
The Levels on ETH That You're MissingYo, what's up. New chart, same story. ETH/USDT, let's look at the August playbook on the 1H chart.
The Setup
We kicked off August in the gutter, bottoming out at 3355. Then came the two-week joyride. Pure euphoria. We blasted past all-time highs to 4800 in mid-August, hitting that old November '21 resistance like a brick wall.
And then, as expected, we got our reality check. One ugly week where we dumped to 4070. That's a clean hit on the March/December '24 support and a perfect 0.5 Fibo retrace from that run. Don't let anyone tell you Fibo doesn't work in crypto.
A little nudge from the Fed got us back on our feet and we managed to break that last resistance. But now, we're back to some sideways movement with a slight downtrend on the 1H and 4H charts. The party's over for now.
What's Happening Now
Over the past week, we've been in a bearish trend on the 1H and 4H charts. What's interesting is that it's forming a beautiful descending wedge within the larger bullish trend. This is a textbook pattern that tells us volatility is condensing and a big move is likely coming soon. Inside this wedge, a smaller triangle has been coiling up since the 4070 bottom. Everything now hinges on the breakout of that orange triangle. (same pattern mid august)
The market has been bouncing between the pattern's boundaries, specifically at 4480 (resistance) and 4260 (support). The next direction depends entirely on which of these two levels gives way. Could this be signaling a new bullish trend?
The Levels That Matter Now
- To go higher: A strong breakout above 4480 is what we need to see. The price already corrected to the 0.786 Fibo, which often suggests that the selling pressure might be exhausted. If we clear this level, the path is open.
- To go lower: A breakdown below 4260 is the decisive point. It’s also a key 0.786 Fibo level from the recent pullback. Worst case, it's back down to the dumpster at 4070
Personally, I'm betting we run it back to a new ATH one more time for a final hoorah before the real bear season kicks off. But hey, that's just me.
Let's see who's right. As always, don't get rekt.