15-minute frame: Short-term trend: Price is moving strongly above short EMAs (EMA9 and EMA21), indicating strong upward momentum. Candlestick pattern: Consecutive Bullish Marubozu and Engulfing candles confirm overwhelming buying power. 15' RSI: Around 78 – has reached the overbought area, a slight pullback to EMA21 (~$2,210) may occur before continuing to rise.
1-hour frame: Moving averages: Price has just broken above the 50 EMA and 200 EMA on the 1h frame, shifting from sideways trend to bullish.
1h MACD: The MACD line crosses the serum (+) and the histogram expands, supporting the continuation of the uptrend.
Support: ~ $2,180 (previous peak breakout). Resistance: ~ $2,300 (previous session peak).
4-hour frame: Converging triangle pattern: Breakout upwards with a surge in volume, confirming the mid-term uptrend. 200 EMA 4h: Currently around $1,900, providing a solid foundation for the price. 4h RSI: 72 – not yet overbought, has 'room' to rise to the 80 area before a correction. Next target: $2,350 (psychological resistance area and small historical peak).
Daily frame Long-term trend: Maintaining the uptrend channel since the beginning of 2025, price is touching the upper edge of the channel. 50-day EMA & 200-day EMA: 50-day EMA is currently around $1,800 as support, 200-day EMA at ~$1,500 maintains the trend. On-Balance Volume (OBV): Continues to maintain upward momentum, indicating that institutional money is still actively flowing into ETH. Daily RSI: 68 – close to the overbought area but not overly stretched, indicating that the uptrend is still robust.
Weekly frame: Large-scale uptrend channel: Price is testing the top of the long-term channel (around $2,400–$2,500). Trend line: IR harmonizes with the 20-week EMA, lying below the price, reinforcing the uptrend. Volume: High weekly volume indicates sustained buying pressure above average.
Buying opportunity on the pullback to the $2,200–$2,180 area (15' EMA21 & old resistance 1h) for short-term positions.
Maintain mid-term long position with a target of $2,350–$2,400, cut losses if the price loses the support zone of $2,150. Watch Weekly to confirm the breakout of the long-term uptrend channel: if successful, the next targets are $2,600–$2,700.
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