🚨 Don’t Buy $ETH Until You Read This — Breakdown Brewing at $4,200 🚨
Ethereum is flashing warning signs as key momentum indicators shift against the bulls. Here’s what the charts are telling us right now:
📉 Trend & Momentum Breakdown
EMA Alignment: ETH slipped beneath EMA20 & EMA50, now testing EMA200 — the last defense line. A clean break could trigger deeper downside.
MACD: Bearish crossover confirmed (MACD line below signal). Momentum favors sellers.
Volume Oscillator: Negative, showing weak buyer activity.
RSI (45.6): Neutral — still room for more downside before oversold.
📊 Order Flow & Derivatives Signals
Order Book Imbalance: –65% sell-side dominance.
Funding Rate: Neutral at 0.009% — traders waiting for confirmation.
Sell Walls: Strong overhead liquidity = rallies will likely be capped.
📝 Technical Verdict
Short-Term Bias: Bearish. ETH likely retests $4,200–$4,150. If that fails, $4,000–$3,950 is next.
Bullish Invalidation: A 1h close above $4,480 (EMA50) with volume + MACD crossover flips bias bullish, opening $4,600–$4,700.
⚠️ Final Takeaway
ETH is walking a fine line — sellers dominate order flow, momentum is bearish, and critical support at $4,200 is under fire. A breakdown could accelerate towards $4,000. Bulls must reclaim $4,480 fast to regain control.
👉 Trade smart. Stay defensive. Watch $4,200 closely.
