ETH has been consolidating inside a descending triangle, with lower highs pressing into horizontal support around $4,200–$4,250.
On this 4H timeframe, price has just broken above the trendline resistance with momentum confirmation from the RSI, showing a bullish divergence.
🔹 Bullish Case:
If ETH holds above the breakout zone, we could see continuation towards $4,480 → $4,600 liquidity pocket.
A sustained move above $4,600 opens the door toward $4,950–$5,000.
🔹 Bearish Invalidation:
If ETH fails to hold above $4,250, a retest of the $4,060 low remains on the table.
This breakout, paired with RSI strength, makes ETH one to watch closely this week.
👉 Do you think bulls can finally reclaim $4,600 and flip structure back to bullish?
On this 4H timeframe, price has just broken above the trendline resistance with momentum confirmation from the RSI, showing a bullish divergence.
🔹 Bullish Case:
If ETH holds above the breakout zone, we could see continuation towards $4,480 → $4,600 liquidity pocket.
A sustained move above $4,600 opens the door toward $4,950–$5,000.
🔹 Bearish Invalidation:
If ETH fails to hold above $4,250, a retest of the $4,060 low remains on the table.
This breakout, paired with RSI strength, makes ETH one to watch closely this week.
👉 Do you think bulls can finally reclaim $4,600 and flip structure back to bullish?
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.