ETH and „sell pressure“ had become a synoym this past year…
coinfeeds-bot on
tldr; Ethereum (ETH) is facing selling pressure at the critical $2,500-$2,600 range, which could determine its next move. A breakout above this level may lead to a rally toward $2,800 and potentially $4,000, mirroring past patterns. ETH is testing its 50-day EMA, a key resistance point, while geopolitical tensions and broader market risks persist. Analysts suggest Ethereum may be entering the explosive phase of its 4-year market cycle, hinting at a potential parabolic move fueled by historical trends and consolidation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
AgitatedDragonfly769 on
It’s been selling since it nearly hit 3.5K…
JH272727 on
I noticed btc is 5% away from its ath while eth was 50% away from its ath. Really makes me glad I’m all in bitcoin cause my brain isn’t smooth.
Proof_Emergency_8033 on
TLDR:
* Ethereum (ETH) rebounded above $2,400 after nearing $2,000, fueled by renewed inflows into US Ethereum ETFs and geopolitical developments, including a ceasefire between Israel and Iran.
* ETH is testing its 50-day EMA, a historically significant level, with potential for a breakout that could lead to a rally toward $2,800 and possibly $4,000.
* The $2,500–$2,600 range is seen as a key resistance; clearing it could mark the start of a short-term bullish move.
* Analysts note similarities to previous bull cycles (2017, 2021), suggesting ETH may be entering a strong phase in its 4-year cycle.
* Geopolitical risks remain a factor that could impact crypto market volatility.
nezeta on
When ETH reclaimed $2800, I said it was still underperforming in this sub, but I was immediately called „stupid“ or something like that.
So it seems like around $2500 is ETH’s new target level.
jwz9904 on
2500 2500
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ETH and „sell pressure“ had become a synoym this past year…
tldr; Ethereum (ETH) is facing selling pressure at the critical $2,500-$2,600 range, which could determine its next move. A breakout above this level may lead to a rally toward $2,800 and potentially $4,000, mirroring past patterns. ETH is testing its 50-day EMA, a key resistance point, while geopolitical tensions and broader market risks persist. Analysts suggest Ethereum may be entering the explosive phase of its 4-year market cycle, hinting at a potential parabolic move fueled by historical trends and consolidation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It’s been selling since it nearly hit 3.5K…
I noticed btc is 5% away from its ath while eth was 50% away from its ath. Really makes me glad I’m all in bitcoin cause my brain isn’t smooth.
TLDR:
* Ethereum (ETH) rebounded above $2,400 after nearing $2,000, fueled by renewed inflows into US Ethereum ETFs and geopolitical developments, including a ceasefire between Israel and Iran.
* ETH is testing its 50-day EMA, a historically significant level, with potential for a breakout that could lead to a rally toward $2,800 and possibly $4,000.
* The $2,500–$2,600 range is seen as a key resistance; clearing it could mark the start of a short-term bullish move.
* Analysts note similarities to previous bull cycles (2017, 2021), suggesting ETH may be entering a strong phase in its 4-year cycle.
* Geopolitical risks remain a factor that could impact crypto market volatility.
When ETH reclaimed $2800, I said it was still underperforming in this sub, but I was immediately called „stupid“ or something like that.
So it seems like around $2500 is ETH’s new target level.
2500 2500