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🟣 $ETH Ethereum Quick Take – April 24, 2026 Price: $2,315 (-1.9% today) Range: $2,287 – $2,343 🔻 ETF outflows ($75.9M) broke a 10-day inflow streak 🐋 Whales accumulating – exchange reserves at 10‑year low 📈 Open interest +18% in 24H – big move loading $ETH Key levels Resistance: $2,400 / $2,420 Support: $2,280 / $2,250 (critical) ⚡ Next catalyst: Glamsterdam upgrade (June 2026) – gas limit 200M, TPS to 10k 🧠 Bias: Neutral-to-bullish below $2,400. Break above = run to $2,600. Loss of $2,250 = short‑term pain. {future}(ETHUSDT) #Ethereum #ETH #Glamsterdam #CryptoMarkets #ETHAnalysis
🟣 $ETH Ethereum Quick Take – April 24, 2026

Price: $2,315 (-1.9% today)
Range: $2,287 – $2,343

🔻 ETF outflows ($75.9M) broke a 10-day inflow streak
🐋 Whales accumulating – exchange reserves at 10‑year low
📈 Open interest +18% in 24H – big move loading
$ETH
Key levels
Resistance: $2,400 / $2,420
Support: $2,280 / $2,250 (critical)

⚡ Next catalyst: Glamsterdam upgrade (June 2026) – gas limit 200M, TPS to 10k

🧠 Bias: Neutral-to-bullish below $2,400. Break above = run to $2,600. Loss of $2,250 = short‑term pain.

#Ethereum #ETH #Glamsterdam #CryptoMarkets #ETHAnalysis
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Bullish
Ethereum is coiling inside a tight consolidation range, building pressure for a potential upside expansion. A breakout above $2,450–$2,500 could trigger Momentum toward $2,600+, as liquidity clears overhead resistance. 📊 Key idea: Market is compressing → volatility expansion expected next 📈 Bull case triggers: Strong close above resistance Volume confirmation Bitcoin stability 💡 Bias: Bullish above breakout zone $ETH {spot}(ETHUSDT) #ETH #ETHAnalysis #TradingTales #crypto
Ethereum is coiling inside a tight consolidation range, building pressure for a potential upside expansion.

A breakout above $2,450–$2,500 could trigger

Momentum toward $2,600+, as liquidity clears overhead resistance.

📊 Key idea:

Market is compressing → volatility expansion expected next

📈 Bull case triggers:

Strong close above resistance
Volume confirmation
Bitcoin stability

💡 Bias: Bullish above breakout zone
$ETH

#ETH #ETHAnalysis #TradingTales #crypto
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Bearish
🙄 Guys, have you noticed that $ETH looks weaker than $BTC ?! False breakout at the Swing high, divergence - Ethereum has a solid chance of a drop. After such divergence, I expect the price to fall into oversold territory. #ETHAnalysis {future}(ETHUSDT)
🙄 Guys, have you noticed that $ETH looks weaker than $BTC ?!

False breakout at the Swing high, divergence - Ethereum has a solid chance of a drop. After such divergence, I expect the price to fall into oversold territory.

#ETHAnalysis
Vitalik Buterin Unveils Ethereum’s 4-Year Roadmap for a More Reliable Future$ETH co-founder Vitalik Buterin revealed a new four-year roadmap aimed at making Ethereum the blockchain “people can rely on.” Speaking at Hong Kong’s Web3 Festival, Buterin said Ethereum’s next phase will focus on three main priorities: scaling, quantum resistance, and decentralization. Key Near-Term Upgrades: ✔ zk-EVM expansion for faster and cheaper transactions ✔ Higher gas limits to improve network capacity ✔ Faster finality, targeting confirmations in 10–20 seconds ✔ Smarter wallets through account abstraction ✔ Better privacy tools to reduce default on-chain visibility Buterin also highlighted the need to prepare Ethereum for future quantum computing risks. While current quantum machines are not yet a threat, he said the network must be ready well in advance with quantum-resistant cryptography. The roadmap comes as institutional demand for Ethereum rises. Reports say Bitmine Immersion Technologies purchased over 101,000 ETH in the past week, one of the largest Ethereum buys of the year. For investors, the message is clear: Ethereum is positioning itself not just as a smart contract platform, but as a long-term digital infrastructure layer for global finance and Web3. #ETH #EtheriumPriceExpected #ETHAnalysis #ETH(二饼) #EthereumNews

Vitalik Buterin Unveils Ethereum’s 4-Year Roadmap for a More Reliable Future

$ETH co-founder Vitalik Buterin revealed a new four-year roadmap aimed at making Ethereum the blockchain “people can rely on.”
Speaking at Hong Kong’s Web3 Festival, Buterin said Ethereum’s next phase will focus on three main priorities: scaling, quantum resistance, and decentralization.
Key Near-Term Upgrades:
✔ zk-EVM expansion for faster and cheaper transactions

✔ Higher gas limits to improve network capacity

✔ Faster finality, targeting confirmations in 10–20 seconds

✔ Smarter wallets through account abstraction

✔ Better privacy tools to reduce default on-chain visibility
Buterin also highlighted the need to prepare Ethereum for future quantum computing risks. While current quantum machines are not yet a threat, he said the network must be ready well in advance with quantum-resistant cryptography.
The roadmap comes as institutional demand for Ethereum rises. Reports say Bitmine Immersion Technologies purchased over 101,000 ETH in the past week, one of the largest Ethereum buys of the year.
For investors, the message is clear: Ethereum is positioning itself not just as a smart contract platform, but as a long-term digital infrastructure layer for global finance and Web3.
#ETH #EtheriumPriceExpected #ETHAnalysis #ETH(二饼) #EthereumNews
Article
Ethereum Confirms ‘Turtle Soup’ Pattern, Analyst Warns of Big Move Ahead$ETH has climbed back above $2,400 after following $BTC recent rally, but analysts say the next move could be decisive. According to market analyst TheChartWhisperr, Ethereum has just confirmed a “Turtle Soup” pattern — a setup often linked to false breakouts followed by sharp reversals or strong continuation moves. Ethereum recently tested the $2,480 resistance zone before being rejected, suggesting liquidity above previous highs was taken before price pulled back. The asset is now trading inside an ascending channel near $2,346, where bulls and bears are battling for control. The key level to watch is $2,385 on the 4-hour close. If ETH reclaims and holds above this zone, analysts believe upside momentum could continue. However, if sellers regain control, Ethereum may be pulled lower toward $2,040, described as a possible equilibrium zone if bearish pressure returns. In short, Ethereum is entering a high-stakes range where the next breakout or rejection may decide short-term direction. Traders are now watching volume and momentum signals closely. #CryptocurrencyWealth #Ethereum #BitcoinPriceTrends #ETHAnalysis #BTC

Ethereum Confirms ‘Turtle Soup’ Pattern, Analyst Warns of Big Move Ahead

$ETH has climbed back above $2,400 after following $BTC recent rally, but analysts say the next move could be decisive.
According to market analyst TheChartWhisperr, Ethereum has just confirmed a “Turtle Soup” pattern — a setup often linked to false breakouts followed by sharp reversals or strong continuation moves.
Ethereum recently tested the $2,480 resistance zone before being rejected, suggesting liquidity above previous highs was taken before price pulled back. The asset is now trading inside an ascending channel near $2,346, where bulls and bears are battling for control.
The key level to watch is $2,385 on the 4-hour close. If ETH reclaims and holds above this zone, analysts believe upside momentum could continue.

However, if sellers regain control, Ethereum may be pulled lower toward $2,040, described as a possible equilibrium zone if bearish pressure returns.
In short, Ethereum is entering a high-stakes range where the next breakout or rejection may decide short-term direction. Traders are now watching volume and momentum signals closely.
#CryptocurrencyWealth #Ethereum #BitcoinPriceTrends #ETHAnalysis #BTC
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Bearish
Ethereum Price Loses $2,350 Level, Traders Eye Rebound Signals Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction from the $2,465 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,250 zone. $ETH {spot}(ETHUSDT) #Ethereum #altcoins #ETHAnalysis #ETH(二饼) #Ethereum✅
Ethereum Price Loses $2,350 Level, Traders Eye Rebound Signals
Ethereum price started a fresh decline and traded below $2,350.
ETH is now consolidating above $2,250 and might struggle to recover.
Ethereum started a downside correction from the $2,465 zone.
The price is trading below $2,350 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it stays above the $2,250 zone.
$ETH
#Ethereum #altcoins #ETHAnalysis #ETH(二饼) #Ethereum✅
🚨 $ETH 4H Analysis: Inverse Head & Shoulders Setup 🚨 If you look at Ethereum on the 4-hour timeframe, it is clear that the price is moving upwards in a staircase style. 📈 Another strong signal: 👉 An Inverse Head & Shoulders pattern is forming (it is not complete yet, but the structure is being built) 🧠 My view: When the right shoulder is complete, the price is likely to: 👉 make a 3-wave move (first a bit downside, then continuation) 📊 Important levels: 👉 Right shoulder zone: ~$2450 👉 Support zone (retest area): $2389 – $2410 This support zone is very critical — because fake breakouts / traps often happen here ⚠️ 📈 Bullish condition: As long as ETH closes daily above $2250, 👉 the overall trend will remain bullish 🧠 Simply put: The structure is still bullish The pattern is being built But do not blindly enter without confirmation 👉 To survive in crypto: it is essential to learn, otherwise it is easy to get trapped. #ETH #Ethereum #ETHETFS #ETHAnalysis #4HAnalysis
🚨 $ETH 4H Analysis: Inverse Head & Shoulders Setup 🚨
If you look at Ethereum on the 4-hour timeframe, it is clear that the price is moving upwards in a staircase style. 📈
Another strong signal:
👉 An Inverse Head & Shoulders pattern is forming
(it is not complete yet, but the structure is being built)
🧠 My view:
When the right shoulder is complete, the price is likely to:
👉 make a 3-wave move (first a bit downside, then continuation)
📊 Important levels:
👉 Right shoulder zone: ~$2450
👉 Support zone (retest area): $2389 – $2410
This support zone is very critical —
because fake breakouts / traps often happen here ⚠️
📈 Bullish condition:
As long as ETH closes daily above $2250,
👉 the overall trend will remain bullish
🧠 Simply put:
The structure is still bullish
The pattern is being built
But do not blindly enter without confirmation
👉 To survive in crypto:
it is essential to learn, otherwise it is easy to get trapped.
#ETH #Ethereum #ETHETFS #ETHAnalysis #4HAnalysis
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Bullish
📉 Ethereum $ETH Liquidity Trap When Whale Distribution Intensifies 📊 Entry Point: 2343.50 - 2344.00 🎯 Target: 2320.00 / 2290.00 / 2250.00 🛑 SL: 2375.00 The current price action indicates a sophisticated liquidity trap, where the long ratio of 420% is facing strong distribution from whales. From what I see, large investors are quietly withdrawing during this rally, so I am monitoring the resistance level of 2340 to confirm a move towards lower support. #Ethereum #ETHAnalysis #PriceAction 📉
📉 Ethereum $ETH Liquidity Trap When Whale Distribution Intensifies
📊 Entry Point: 2343.50 - 2344.00
🎯 Target: 2320.00 / 2290.00 / 2250.00
🛑 SL: 2375.00
The current price action indicates a sophisticated liquidity trap, where the long ratio of 420% is facing strong distribution from whales. From what I see, large investors are quietly withdrawing during this rally, so I am monitoring the resistance level of 2340 to confirm a move towards lower support.
#Ethereum #ETHAnalysis #PriceAction 📉
🚨🚨 Before the Big Dump, Pump — The Same Pattern is Happening Again 🚨🚨 If you look closely, there is always a pump before every major drop, and the exact same pattern is repeating right now. To truly understand crypto, it is essential that you learn and do your own research. I have guided many people and have never turned anyone away. Therefore, my simple advice is: Understand crypto properly before getting caught in this market. 📊 $ETH #ETH #ETHAnalysis #CryptoMarketRebounds #USDCFreezeDebate #MarketCorrectionBuyOrHODL?
🚨🚨 Before the Big Dump, Pump — The Same Pattern is Happening Again 🚨🚨
If you look closely, there is always a pump before every major drop, and the exact same pattern is repeating right now.
To truly understand crypto, it is essential that you learn and do your own research.
I have guided many people and have never turned anyone away. Therefore, my simple advice is:
Understand crypto properly before getting caught in this market. 📊
$ETH
#ETH #ETHAnalysis #CryptoMarketRebounds #USDCFreezeDebate #MarketCorrectionBuyOrHODL?
I'm here to show you what real Alpha trades look like! Wallet 0xE3 drops 18,000 #ETH into staking in one go. That's nearly $40 million that won't be sold anytime soon. Add to that 5,142 ETH from 0xd18. Totaling—fifty million dollars left the market. Isn't this the best indicator of a bottom and the start of a new cycle? While you fear a correction, whales are vacuuming the market and putting their coins to work. Follow the big money, or it will run you over. The choice is clear! $ETH {future}(ETHUSDT) #AlphaSignal #ETHAnalysis #SmartMoney
I'm here to show you what real Alpha trades look like! Wallet 0xE3 drops 18,000 #ETH into staking in one go.

That's nearly $40 million that won't be sold anytime soon. Add to that 5,142 ETH from 0xd18. Totaling—fifty million dollars left the market. Isn't this the best indicator of a bottom and the start of a new cycle?

While you fear a correction, whales are vacuuming the market and putting their coins to work. Follow the big money, or it will run you over. The choice is clear!
$ETH

#AlphaSignal #ETHAnalysis #SmartMoney
💻👌 I CLARIFY THAT, TO CARRY OUT AN ANALYSIS OF THIS TYPE, I USED CHATGPT 4.0 AND 3.5 SONNET WITH DATA CHAINING. 🚀 Attention Binance traders! 📊 Have you ever wondered what is the perfect time to open your positions? 🤔 We don't have the answer, as it is subjective! But after an exhaustive analysis of the last 12 months, based on BTC AND ETH which are the ones that lower the line, we have discovered the secret patterns of the market. 🕵️‍♂️ 📈 For lovers of LONGS ⏰ The best time is between 9:00 AM and 11:00 AM (Argentine time) Why? Just before Wall Street wakes up, BTC and ETH put on their rocket suits. 🚀 Volume increases and prices skyrocket. It's the perfect opportunity to ride the bullish wave! 🏄‍♂️ 📉 For the SHORTS masters 1️⃣ First window of opportunity: 3:00 PM to 5:00 PM (Argentine time) After the morning rush, comes the calm... and then the storm! 🌪️ It's the perfect time to take advantage of the correction and profit-taking. 2️⃣ Second golden window: 11:00 PM to 1:00 AM (Argentine time) While Argentina sleeps, Asia wakes up and shakes up the market. 🌏 Volatility soars, especially on ETH. It's time for brave shorts! 💪 Remember, the crypto market is like a roller coaster. 🎢 This analysis is your map, but always keep your eyes open and adjust your strategy. Because the crypto adventure never sleeps and this is just a common denominator, not a certainty! 😴💤 $BTC $ETH $BNB #BinanceTips #CryptoTrading #BTCStrategy #ETHAnalysis {future}(BTCUSDT) {future}(ETHUSDT) {future}(BNBUSDT) Big hug to everyone and let's wait for what will happen now with the meet soon! Good profits to all.
💻👌 I CLARIFY THAT, TO CARRY OUT AN ANALYSIS OF THIS TYPE, I USED CHATGPT 4.0 AND 3.5 SONNET WITH DATA CHAINING.
🚀 Attention Binance traders! 📊
Have you ever wondered what is the perfect time to open your positions? 🤔 We don't have the answer, as it is subjective! But after an exhaustive analysis of the last 12 months, based on BTC AND ETH which are the ones that lower the line, we have discovered the secret patterns of the market. 🕵️‍♂️

📈 For lovers of LONGS
⏰ The best time is between 9:00 AM and 11:00 AM (Argentine time) Why? Just before Wall Street wakes up, BTC and ETH put on their rocket suits. 🚀 Volume increases and prices skyrocket. It's the perfect opportunity to ride the bullish wave! 🏄‍♂️

📉 For the SHORTS masters
1️⃣ First window of opportunity: 3:00 PM to 5:00 PM (Argentine time) After the morning rush, comes the calm... and then the storm! 🌪️ It's the perfect time to take advantage of the correction and profit-taking.
2️⃣ Second golden window: 11:00 PM to 1:00 AM (Argentine time) While Argentina sleeps, Asia wakes up and shakes up the market. 🌏 Volatility soars, especially on ETH. It's time for brave shorts! 💪
Remember, the crypto market is like a roller coaster. 🎢 This analysis is your map, but always keep your eyes open and adjust your strategy. Because the crypto adventure never sleeps and this is just a common denominator, not a certainty! 😴💤 $BTC $ETH $BNB
#BinanceTips #CryptoTrading #BTCStrategy #ETHAnalysis
Big hug to everyone and let's wait for what will happen now with the meet soon! Good profits to all.
Ethereum ($ETH) is trading near $3,316, down 2.55% in the past 24h. It touched a high of $3,456 and a low of $3,245, with a strong $1.93B in 24h trading volume. ETH remains above key support at $3,200 — holding this level could trigger a bounce toward $3,400–$3,500. ⚡ Ethereum cooling off but still in a bullish structure. #ETH #Ethereum #CryptoNews #MarketUpdate #ETHAnalysis
Ethereum ($ETH) is trading near $3,316, down 2.55% in the past 24h.
It touched a high of $3,456 and a low of $3,245, with a strong $1.93B in 24h trading volume.
ETH remains above key support at $3,200 — holding this level could trigger a bounce toward $3,400–$3,500.

⚡ Ethereum cooling off but still in a bullish structure.

#ETH #Ethereum #CryptoNews #MarketUpdate #ETHAnalysis
🔥The “Predictive Trigger Sentence” That Sends Posts Viral🔥🚀 There is ONE sentence structure that Binance Square’s algorithm marks as “high-value.” It looks like this: “If (X) breaks, the entire market will shift faster than traders expect.” This line forces readers to pause… Pauses boost retention… Retention pushes posts into Trending. Examples: • “If BTC breaks 0.5% either direction, we enter a new volatility zone.” • “If ETH loses this support, liquidity will evaporate instantly.” • “If SOL reclaims this level, momentum flips in real-time.” Use one of these in your next post. It works every time. #CryptoNews #BinanceSquare #BTCAnalysis #ETHAnalysis #SOL $SOL {future}(SOLUSDT)
🔥The “Predictive Trigger Sentence” That Sends Posts Viral🔥🚀

There is ONE sentence structure that Binance Square’s algorithm marks as “high-value.”

It looks like this:

“If (X) breaks, the entire market will shift faster than traders expect.”

This line forces readers to pause…
Pauses boost retention…
Retention pushes posts into Trending.

Examples:

• “If BTC breaks 0.5% either direction, we enter a new volatility zone.”
• “If ETH loses this support, liquidity will evaporate instantly.”
• “If SOL reclaims this level, momentum flips in real-time.”

Use one of these in your next post.
It works every time.

#CryptoNews #BinanceSquare #BTCAnalysis #ETHAnalysis #SOL
$SOL
🚨 $ETH ALERT: RSI CYCLE BREAK SIGNALING POSSIBLE MACRO SHIFT Ethereum is now showing a similar warning pattern to Bitcoin’s RSI cycle break — a structure that has historically appeared before major trend reversals in previous macro cycles. Here’s how $ETH is lining up 👇 • RSI trendline has weakened, showing early signs of a potential breach • Momentum is slowing, even while price holds higher support levels • If the RSI breaks decisively, ETH could follow BTC into a cycle reset phase • This often leads to sharp volatility, liquidity flushes, and deeper pullbacks before the market rebuilds strength ⏳ 2025 may be signaling a new macro phase for ETH, and if this is a true cycle shift… the next move could be capitulation → accumulation → explosive recovery. #ETHAnalysis #CryptoCycle #MarketShift {spot}(ETHUSDT)
🚨 $ETH ALERT: RSI CYCLE BREAK SIGNALING POSSIBLE MACRO SHIFT

Ethereum is now showing a similar warning pattern to Bitcoin’s RSI cycle break — a structure that has historically appeared before major trend reversals in previous macro cycles.

Here’s how $ETH is lining up 👇

• RSI trendline has weakened, showing early signs of a potential breach
• Momentum is slowing, even while price holds higher support levels
• If the RSI breaks decisively, ETH could follow BTC into a cycle reset phase
• This often leads to sharp volatility, liquidity flushes, and deeper pullbacks before the market rebuilds strength

⏳ 2025 may be signaling a new macro phase for ETH, and if this is a true cycle shift…
the next move could be capitulation → accumulation → explosive recovery.
#ETHAnalysis #CryptoCycle #MarketShift
🚀 ETH/USDT Market Analysis – Key Levels You Must Watch! Ethereum is trading around $2,737, moving inside a sideways accumulation zone as it prepares for a major breakout. Market volatility is low right now — and quiet markets often explode with strong moves. 🔥📈 --- 📉 Downside Risk – Support Levels 🟡 Support 1: $2,700 Currently holding above this zone. 🔻 Support 2: $2,650 (Strong Buy Zone) Buyers usually step in here. 🔻 Support 3: $2,580–2,600 A powerful support area with strong reversal potential. ⚠ Maximum expected drop: $2,580 – $2,600 zone --- 🚀 Bullish Breakout – Pump Levels A pump becomes highly likely once ETH breaks above: 🟢 $2,800 – Breakout Trigger Momentum starts here. 🟢 $2,880 – Short-Term Target 🟢 $2,950 – Major Resistance ✨ Main Pump Target: $3,100 (if volume increases and BTC stays strong) --- 🛡 Smart Risk Management 🔹 Best Entry Zone: $2,650 – $2,700 🔹 Stop Loss: $2,580 🔹 Targets: 🎯 $2,820 🎯 $2,950 🎯 $3,100 This strategy keeps your capital safe while maximizing profits. 🔐📈 --- ⭐ Final Summary ETH is consolidating before a bigger move Strong supports: $2,650 – $2,700 Pump starts once $2,800 breaks Upside potential: $2,820 → $2,950 → $3,100 --- 🙌 Follow for More Daily Market Updates! Stay updated with reliable analysis, trends, and trading signals. Your support means a lot — hit that Follow button! 🔥💛 $ETH {spot}(ETHUSDT) 🔥 Hashtags #ETHAnalysis #cryptotrading #BinanceUpdate #EthereumNews
🚀 ETH/USDT Market Analysis – Key Levels You Must Watch!

Ethereum is trading around $2,737, moving inside a sideways accumulation zone as it prepares for a major breakout. Market volatility is low right now — and quiet markets often explode with strong moves. 🔥📈

---

📉 Downside Risk – Support Levels

🟡 Support 1: $2,700

Currently holding above this zone.

🔻 Support 2: $2,650 (Strong Buy Zone)

Buyers usually step in here.

🔻 Support 3: $2,580–2,600

A powerful support area with strong reversal potential.

⚠ Maximum expected drop:
$2,580 – $2,600 zone

---

🚀 Bullish Breakout – Pump Levels

A pump becomes highly likely once ETH breaks above:

🟢 $2,800 – Breakout Trigger

Momentum starts here.

🟢 $2,880 – Short-Term Target

🟢 $2,950 – Major Resistance

✨ Main Pump Target:
$3,100 (if volume increases and BTC stays strong)

---

🛡 Smart Risk Management

🔹 Best Entry Zone: $2,650 – $2,700
🔹 Stop Loss: $2,580
🔹 Targets:

🎯 $2,820

🎯 $2,950

🎯 $3,100

This strategy keeps your capital safe while maximizing profits. 🔐📈

---

⭐ Final Summary

ETH is consolidating before a bigger move

Strong supports: $2,650 – $2,700

Pump starts once $2,800 breaks

Upside potential: $2,820 → $2,950 → $3,100

---

🙌 Follow for More Daily Market Updates!

Stay updated with reliable analysis, trends, and trading signals.
Your support means a lot — hit that Follow button! 🔥💛

$ETH

🔥 Hashtags

#ETHAnalysis #cryptotrading #BinanceUpdate #EthereumNews
ETH: Is It Different this Time? In recent times, pundits have not been kind to ETH. Apart from some technical problems and proposals, the word is that ETH is a dying chain. Perhaps most importantly, the L2s on ETH are cannibalizing the chain of much-needed capital. We all know how expensive the ETH chain can get. All you need to do is look at the price of gas. As of writing, the gas price is 17.193 Gwei. Not cheap! So, what can we expect from the current price drive? First, the fear and greed index is at 78. The index is not too bad and still has a way to go before any price panic. Secondly, the Ichimoku indicator sums up the current situation nicely. While the indicator's behaviour shows a bullish nature, there are some signs we must pay attention to. First, we see the Chikou span entangled in the price action. The entanglement causes price resistance. In other words, the price gets stuck within a range. Secondly, we also see that the Tenkan sen and the Kijun sen are still in the cloud. A bullish sentiment means that both these indicators must be out of the cloud. Of course, we see that the price is also above the cloud. There is also the case that an area of supply exists between $3730 and $4100. Perhaps if ETH breaks $4100, the price might get to its once-all-time high. Only time will tell. So, is it different this time? It looks so but time will tell if it is so. And as for if we will ever see ETH get back to $4870, your guess is as good as mine. #nosacapital #ETH #ETHAnalysis #Write2Earn #IchimokuCharts
ETH: Is It Different this Time?

In recent times, pundits have not been kind to ETH. Apart from some technical problems and proposals, the word is that ETH is a dying chain. Perhaps most importantly, the L2s on ETH are cannibalizing the chain of much-needed capital. We all know how expensive the ETH chain can get. All you need to do is look at the price of gas. As of writing, the gas price is 17.193 Gwei. Not cheap!

So, what can we expect from the current price drive? First, the fear and greed index is at 78. The index is not too bad and still has a way to go before any price panic. Secondly, the Ichimoku indicator sums up the current situation nicely. While the indicator's behaviour shows a bullish nature, there are some signs we must pay attention to. First, we see the Chikou span entangled in the price action. The entanglement causes price resistance. In other words, the price gets stuck within a range. Secondly, we also see that the Tenkan sen and the Kijun sen are still in the cloud. A bullish sentiment means that both these indicators must be out of the cloud. Of course, we see that the price is also above the cloud. There is also the case that an area of supply exists between $3730 and $4100.

Perhaps if ETH breaks $4100, the price might get to its once-all-time high. Only time will tell. So, is it different this time? It looks so but time will tell if it is so. And as for if we will ever see ETH get back to $4870, your guess is as good as mine.

#nosacapital #ETH #ETHAnalysis #Write2Earn #IchimokuCharts
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