The chart shows ETH had been respecting a downward sloping trendline.
Recently, it broke above this trendline, indicating a shift from bearish to bullish momentum.
2. Demand Zone Retest:
After breaking out, price came back to retest the breakout level (near $2,400-$2,450).
This is a healthy retest, often confirming the breakout.
3. Structure:
Market is now making higher highs and higher lows, a sign of bullish structure on this timeframe.
📊 Technical Summary
Trend: Turning bullish on short-term (1H), supported by breakout and retest.
Momentum: Price trying to build a base above the previous resistance turned support.
Risk: A drop below ~$2,400 could open up retests toward $2,300 or lower.
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🔎 Quick Fundamental Check
Ethereum’s ecosystem is actively preparing for scaling upgrades (proto-danksharding, EIP-4844 etc.), but on short-term, price is more tied to macro (BTC moves, US rate outlook).
ETH has recently lagged BTC slightly, so could be due for catch-up rallies, especially if BTC remains stable above $60k.
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⚠️ What to Watch?
Local structure: Hold above $2,480 to keep bullish short-term scenario alive.
Macro BTC: If BTC pulls back sharply, ETH setups may fail regardless of pattern. ---
✅ Summary Note: This ETH trade setup is built on a clean breakout & retest strategy with demand holding. The bullish plan targets the $2,700+ region, with a safe invalidation below $2,317. Watch local consolidation patterns; failure to hold ~$2,480 might delay the move. Overall, it’s a structurally sound swing idea as long as BTC stays supportive. $ETH
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Just look at XRP’s market cap history on this weekly chart:
Massive pumps in 2017, 2021, and now again in 2025...
Followed by brutal dumps every single time.
Someone playing with us?
Yes. This is the nature of crypto. Every pump eventually finds its dump. Liquidity is sucked in, excitement builds up, retail FOMO kicks in… and then the inevitable correction wipes it all out.
💡 Truth bomb:
Smart money buys when no one cares (the flat boring years).
They sell into greed when charts look vertical.
Retail holds the bags.
📌 Key takeaway: ✅ Protect your capital. ✅ Don’t chase green candles. ✅ Always have a plan to take profits.
Stay sharp. Crypto isn’t just about making money — it’s about keeping it.