Price pulled back slightly after a strong impulse move, but structure is still leaning bullish. Holding above the 2315–2320 zone shows buyers are still active.
RSI is cooling off without a sharp breakdown often a continuation signal rather than a reversal. If momentum picks back up, a move into 2365–2380 is a reasonable expectation.
That said, this isn’t a guaranteed pump. Price is still below the recent high (~2415), so this could also turn into a lower high if buyers lose strength.
A break below 2315 would weaken the bullish setup.
Now the real question: Continuation or a lower high before rejection?
The U.S. Federal Reserve is set to inject $5.06B into the markets today at 9:00 AM ET as part of a broader $40B liquidity program aimed at supporting the economy.
This move could boost sentiment across risk assets including Bitcoin.
Everyone’s focused on BTC, but let’s talk about $ETH here. From current structure, I’m leaning bullish 📈. ETH has already shown strong momentum after the breakout and is now consolidating near resistance.
As long as structure holds, we can see a push toward $2,400+ in the short term.
🇺🇸 Senator Cynthia Lummis is pushing Congress to pass crypto market structure legislation, calling this the last real chance to get the Clarity Act approved before 2030.
This could be a major regulatory turning point for the entire crypto industry setting the foundation for institutional growth and long-term adoption.
A true make orbreak moment for U.S. crypto policy.
🇺🇸 President Trump said during a recent meeting that the current financial system is reaching its limits, hinting that a crypto-driven era could be next.