ETH USD Still Rangebound: When New ATH?

As the cryptocurrency market rests in the emergency room, traders are wondering if ETH USD will see a new ATH in 2025. What does this massive sell-off and liquidation event mean for the rest of this rally? using path .cwp-coin-chart svg { stroke-width: 0.65 ! important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868! important; } .cwp-coin-widget-container .cwp-coin-trend.positive { Color: #008868! important; Background color: transparent! important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px Solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px Solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent ! important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { Stroke: #A90C0C! important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px Solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { Color: #A90C0C! important; Background color: transparent! important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px Solid #A90C0C !important; }






Ethereum

Ethereum





4.26%








Ethereum

Ethereum
Ethereum


price

$4,040.03

4.26% /24 hours





Volume in 24 hours


$47.18 billion



The price is 7 D

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After falling 30% in just three days, investors are wondering: will there be altcoin season as usual or will the “monkeys” be left hanging? Join our analysis and follow us!

Crypto Caesar is a trader that has been around for a while and today we will also look at its analysis. For him, $3,800 seems to be an important support level. Will you hold on? Before reading further, please follow my previous analysis of ETH USD.

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ETH USD Support Contract: Will ATH Come Soon?

(Source – Tradingview, ETHUSD)

To answer this question, we will first look at the weekly chart. We remain within support levels for 2021 and 2023. The range is quite wide, although the large fluctuations justify it. LTF traders can take serious damage when trading such price action. The RSI resets again and the price is above the three moving averages. Our price has actually ranged above the 2024 highs, and we are likely to accumulate on a break above $5,000.

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(Source – Tradingview, ETHUSD)

Next, we would like to analyze the 2D plot. Basically, the price was over $4,000 for three months. Some investors, like Tom Lee’s BitMine, continue to buy Ethereum with complete conviction. It is possible that some of the long wick was filled with it. The RSI here was at low levels, leaving plenty of room for upside. The price fell to key support (what a great entry) and is currently below MA50 and MA100.

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Low time frame analysis and concluding thoughts

ETH USD saw a massive 30% drop in just 3 days. Is the uptrend over or is there still hope for altcoin season?

(Source – Tradingview, ETHUSD)

On this final chart – the lower 4-hour time frame – we can see some good ideas about what led to the big sell-off. In fact, TA analysts could see some warning signs. We have an MSB, followed by a retest and rejection of a bearish order block with a bearish engulfing candle triggering a sell-off. It turned out to be a great short entry! Currently we are below all moving averages.

So, will ETH USD see a new ATH soon? Traders are optimistic. We still have not seen capital turnover from BTC to L1 main. This sale may be the start though. For the Altseason to begin, ETH needs to consolidate its efforts and break through this bearish demand barrier. Even then, it is limited in scope.

Stay safe out there!

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ETH USD still in a limited range: when is a new ATH?

  • Beautiful 1W chart with breakout and retest of 2024 high

  • The Relative Strength Index (RSI) on 1D appears to have been reset and ready to grow

  • The price reached the second support at $3,350 and then quickly rebounded

  • ETH USD needs to recover $4,800 before hopes for new ATH.

The post ETH USD Still in a Limited Range: When is a New ATH? appeared first on 99Bitcoins.

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