🚨 Ethereum's Intense Consolidation: Calm Before the Storm? 🚨
Ethereum is locked in a massive sideways range, testing patience—but also coiling for a big move. The 200-Day EMA has been solid support so far, holding up like a rock. 💪
📊 Weekly RSI still trending up, but momentum’s cooling. MACD needs a bullish crossover, and RSI must break the yellow line for confirmation of a breakout.
🌍 Geopolitics are the wild card:
– 📈 Diplomatic resolution? Market ready to RIP.
– 📉 Tensions escalate (e.g. US-Iran)? Expect a strong red candle—uncertainty will spike.
🎯 Watch these key levels:
– $2,100–$2,200 if we break down
– $3,000+ if we break out 🚀
👀 ETH wants higher, but will the global scene let it breathe?
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