ETH/USDT is trading just under the $4,950 resistance, and the market is holding its breath. The bullish structure remains intact, but momentum is flashing warning signs. The key question: Will ETH finally break $5K—or face a brutal rejection that traps late longs?
📊 Trend & Momentum – Bulls Strong, But Slowing
EMA Alignment (20 > 50 > 200): Firmly bullish, uptrend intact.
MACD (1H): Bearish crossover → short-term weakness near resistance.
Volume Oscillator: +0.55, showing healthy demand but not breakout-level strength.
RSI: 73, hovering in overbought territory—buyers risk fatigue if inflows cool.
📌 Order Book & Sentiment – Bullish, Yet Trapped
OB Imbalance: +23.5% → buyers dominate sellers.
Buy Wall: Cushion below current price, limiting downside risk.
Sell Wall: Heavy stack at $4,950–$5,000 → the true battle zone.
Funding Rate: Neutral (0.01%), no excessive leverage distorting the move.
🕯️ Candle Patterns – Bulls in Control
Three White Soldiers → consecutive strong bullish candles.
Bullish Engulfing → buyers overpowering sellers.
Tweezer Bottom + Bullish Harami → consistent defense of lows + continuation signs.
👉 Strong bullish narrative—but losing momentum right under resistance = classic shakeout risk.
🎯 Trade Scenarios
🚀 Bullish Case:
Break above $4,950–$5,000 with +10% volume spike → targets $5,200 then $5,500. A clean breakout could trigger FOMO-driven acceleration.
💀 Bearish Case:
Rejection at $5,000 → dip to $4,800. Stronger sell-off could test $4,600–$4,400. Losing EMA20/50 flips near-term sentiment bearish.
⚡ Final Verdict – ETH at the Edge
Ethereum is coiled at a critical tipping point.
Upside: Break $5K → momentum explosion toward $5,500+.
Downside: Failure here → sharp rejection, deep pullback.
🔥 Bottom Line: ETH is in “do or die” territory. Traders should expect volatility—the next few candles could decide Ethereum’s next major run… or correction.
Not financial advice. DYOR before trading.
