#BinanceSafetyInsights Ethereum

Ethereum (ETH/USDT) Technical Analysis

As of April 12, 2025 — 4H Chart

1. Trend Analysis

Short-Term Trend: Bullish recovery from recent low (~$1,432)

Medium-Term Trend: Bearish, but signs of a potential reversal if $1,590–$1,600 breaks

Long-Term Trend: Still bearish, price below 200 MA ($1,863)

2. Moving Averages

MA 7: $1,546 — Support (bulls holding above it)

MA 50: $1,639 — Near-term resistance

MA 100: $1,765 — Strong resistance

MA 200: $1,863 — Long-term bear trend unless broken

Observation: ETH is trying to flip the MA 7 into support while approaching the MA 50.

3. RSI (Relative Strength Index)

Estimated around 55–60 on 4H

Indicates neutral to slightly bullish momentum

No overbought or oversold conditions currently

4. MACD

Showing signs of a bullish crossover

Histogram turning positive

Momentum building to the upside, but needs volume confirmation

5. Volume

Volume is increasing modestly, supporting the recent price climb

Not yet signaling a major breakout; needs strong follow-through

6. Price Action / Chart Patterns

Higher lows forming — bullish structure

Trying to break out of a descending channel

$1,590 is key horizontal resistance from recent highs

Conclusion & Strategy

Short-Term Bias: Cautiously Bullish

Entry Long: $1,560–1,568 (if holding support)

Breakout Long Entry: Above $1,590 with volume

Short Entry: If rejected near $1,590–1,600 zone

Confirmation for Bigger Move: Break + hold above $1,640+