$ETH is showing a very similar structure to BTC right now, but there’s one interesting difference: buyers are trying harder to defend the lower range.
After the sharp rejection from 2148, ETH sold off aggressively toward 2110. That dump candle broke market confidence short term, and since then price has mostly been moving sideways instead of recovering strongly.
The EMA structure is bearish:
EMA(7) below EMA(25)
EMA(25) below EMA(99)
Price trading under all key moving averages
That usually means momentum still belongs to sellers on the 15m timeframe.
But unlike BTC, your order book shows strong buy-side presence:
Buyers: 75%
Sellers: 24%
That’s important because it suggests dip-buyers are active around the 2110–2115 zone. The issue is they still haven’t produced a convincing breakout candle yet.
Key levels now:
Support: 2110
Major breakdown zone: below 2108
Resistance: 2117 → 2122
Strong resistance: 2129–2133 (EMA99 area)
Right now ETH feels trapped between fear and accumulation. Sellers hit the market hard earlier, but buyers are quietly absorbing near support. Usually one side eventually wins with a volatility expansion candle.
If ETH reclaims 2122+ and holds, momentum can improve fast because short-term bears may start covering. But if 2110 fails cleanly, the market could quickly search for lower liquidity zones.
Compared to BTC, ETH actually looks slightly more resilient internally because buy pressure is stronger. Still, the chart hasn’t confirmed reversal yet — it’s only showing stabilization after heavy selling.
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