Market overview and how to read charts
The daily chart of $Ethereum shows the classic Shakeout and collection:
- The decline breaks through midrange support, $3,840–$3,500 demand zone (multiple green arrows), then violently reverses.
- Price got it back $4,000 With the handle Approaching $4,350 territorymatches. 50-day SMA (~$4,354) and the previous horizontal resistance (~$4,356–$4,357).
- candle show long core Low prices suggest aggressive buy-in. Momentum now depends on whether the bulls can convert. $4,350 Enter support.
ETH/USD 1 day chart – TradingView
Major levels of the chart
- resistance: $4,350-4,360 (50D SMA and previous horizontal), $4,500, $4,800, $5,000 (psychological).
- support: $4,000 (round), $3,840 (range floor), $3,500, $3,200–$3,130 (200D SMA), $2,730 (key upper timeframe level).
Ethereum price rise: Why buyers are coming back
- Geopolitical relaxation: Markets are leaning toward headlines that signal progress toward a crisis. The end of the Israel-Hamas war and de-escalation More broadly, it reduces the tail risk premium across risky assets.
- Tone shift between the US and China: signal from beijing towards hitting tariff compromise As Washington eases trade war fears, Increase global risk sentiment.
and Macro Fear Premium Fadingsystematic and discretionary flows are returned to cryptocurrencies, Prefer high beta leaders like ETH After an oversold flush.
(As always, headlines can change quickly. Regardless of the news, the above levels remain viable.)
Ethereum price prediction (short term)
Bullish scenario (base case above $3,840)
- Break and hold above $4,350 – $4,360 → Momentum trigger.
subject:
- $4,500 (Round + Supply Pocket)
- $4,800 (supply before $5,000)
- $5,000 (Psychological magnet/expansion)
Disable this path: end of each day Back below $4,000 Increases chop risk. below $3,840 Reverse bias from neutral to bearish.
Bearish/defensive scenario (if macro fails or $4,350 is rejected)
- First downside catcher: $4,000after that $3,840.
- loss of $3,840 open $3,500 test.
- As sales accelerate, $3,200–$3,130 (200D SMA) These are extremely important trend guardrails.
Worst case (surrender): spike towards $2,730 Before buyers are likely to advocate for a higher timeframe structure.
Ethereum trading strategy notes
- Strong traders: Please look for Clean Daily closing price exceeds $4,350 Intraday retest/hold to target $4,500 → $4,800.
- Swing participants: accumulate in Defense falls from $4,000 to $3,840 With clear invalidation. Add only if the level is maintained.
- Risk management: respect 200D SMA (~$3,130) As a litmus paper for the trend, if it continues to close below that, our medium-term view will change.