ETHUSD _ Supply Zone Rejection Signals Potential Short - Term Pullback
Ethereum $ETH is showing signs of weakness after rallying into a key supply zone between $4,300 – $4,340. Sellers have stepped in to defend this resistance area, creating early bearish pressure and raising the possibility of a short-term pullback.
Key Levels to Watch
Supply Zone (Resistance): $4,300 – $4,340
First Support: $4,177
Demand Zone: $4,072 – $4,005
Market Analysis
The current price action suggests that $ETH is struggling to break through its supply zone. This indicates strong selling interest at higher levels. If the rejection holds, a retracement toward $4,177 could follow. A decisive break below $4,177 would likely accelerate selling pressure, targeting the demand zone around $4,072 – $4,005.
Bearish Scenario
Entry: On confirmed rejection from the supply zone
Targets: $4,177 → $4,072
Stop Loss: Above $4,345
Bullish Scenario
If ma$ETH nages to break and sustain above $4,345, bullish momentum could return, opening the path for higher highs beyond $4,400.
Bias
Short-term sentiment remains bearish unless the price delivers a clean breakout above $4,345, which would shift momentum in favor of buyers. #ETH4500Next? #CryptoIn401k
Analyst Warns: XRP Bull Cycle Entering Final Phase
Crypto analyst Steph Is Crypto has released a fresh technical update on $XRP , noting that while significant gains may still be possible, the market could be approaching the final phase of its current bull cycle.
📊 Key Highlights:
Altcoin Season Index stands at 39 — well below the overbought zone (75+), indicating room for altcoin growth.
Steph notes this suggests $XRP and other altcoins still have bullish potential before hitting cycle peaks.
Investors are advised to track historical indicators closely to navigate the next moves.