๐ $ETHUSD: Ethereum Pullback or Healthy Mean Reversion? $ETH has maintained a strong bullish structure since the April 2025 lows, consistently printing higher highs and higher lows while respecting its key uptrend support (blue trendline). ๐ฉ Current Price ActionAfter tagging the 2021 ATH zone, $ETH is undergoing a controlled pullback, forming a classic Bullish Flag pattern. While a break below $4,108 support would be disappointing, the structure remains intact as long as the lower flag trendline holds. ๐ Key Levels to Watch A failure to reclaim the 10-week SMA could point to short-term weakness, possibly triggering a retest of last monthโs low around $3,825. Technically, this pullback may represent a mean reversion toward the 20-week SMA, which aligns with the lower flag boundary and the 0.382 Fibonacci retracement, a confluence worth watching. Will ETH bounce here or dig deeper for support?
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ETH
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