#ETH Technical Analysis - 15:19 WEST, 09/06/2025: ETH/USD is currently priced at $2,528.77, up +0.72%, testing a critical resistance at $2,549.83 $ (level R1 on the 4h chart). The RSI (14) is at 55.73700, indicating upward momentum without imminent overbought conditions, while the MACD shows a MACD line at 5.67541 above the signal line at 2.33358, with expanding positive histograms, confirming a nascent bullish momentum. The trading volume is at 2.024k, slightly increasing, suggesting potential support for a breakout. A closing above $2,549.83 $ with increased volume (>2.5k) could project the price towards a target of $2,600 $ by 21:00 WEST, aligned with the ascending moving averages (50 MA). Recent institutional accumulation by BlackRock (+19,070 ETH) reinforces this bullish bias 🚀
One of the biggest things is coming to Ethereum? 🚀