Ethereum is flashing bearish warning signs on the 1H chart 👀
🔎 Key Signals:
Price slipped under EMA20 & EMA50 → only EMA200 left as supportMACD bearish crossover → momentum favors sellers
Order Book imbalance –65% → heavy sell-side liquidity
RSI at 45.6 → still room for downside
📊 Critical Levels:
Support: $4,200–$4,150 (watch closely!)
Breakdown Target: $4,000–$3,950
Invalidation: 1H close above $4,480 → opens path to $4,600–$4,700
⚠️ Final Takeaway:
ETH is walking a tightrope ⚡ If $4,200 cracks, bears may drag it to $4,000. Bulls must reclaim $4,480+ to flip momentum.
👉 Until then, the market favors caution.
#Ethereum #Crypto #MarketPullback