Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$ETHBTC with one more perfect test of the line and a confirmed reversal before the trend flip https://t.co/NaVBc1jw75
$ETH 4H Some clear signs of exhausted sellers into $3.4K - equal low + failed breakdown - lack of follow through in downside momentum Currently price is testing previous point of attempted breakdown, expecting some supply here to be more bullish would need to see a close above… https://t.co/9xCzIZNi3S
$ETHBTC 4H tricky area here but generally yearly open is a key pivotal area imo though in terms of a long trade on ETH, would need to see $3644 reclaimed + continued strength of ETH vs BTC (above yearly open) https://t.co/gBqDZZCO5F https://t.co/4ac0elhGgr
Ethereum (ETH) is showing signs of a bullish reversal pattern against Bitcoin (BTC), reminiscent of the 2019-2021 period. Key levels to watch include $3,700, which is seen as a critical point for bulls to break market structure on lower time frames. Additionally, ETH needs to surpass $3,510 to confirm a short-term bottom. Analysts have noted that the yearly open is a pivotal area, and reclaiming $3,644 with continued strength against BTC is essential for a long trade. Currently, ETH is testing the $3,400 level, with signs of exhausted sellers, equal low, and a failed breakdown, and a lack of follow-through in downside momentum. A close above this level is required for a more bullish outlook.
