ETH UPDATE ANALYSIS

Daily Time Frame (1D)

ETH price is still in a main uptrend (higher high – higher low).

However, both RSI and MACD are showing bearish divergence: price is going up but RSI & MACD are going down → a sign of weakening momentum.

Important support area: 4,200 – 4,300 USD (the green line you drew). If this area is broken, it could fall to 3,800 – 3,900 USD.

4-Hour Time Frame (4H)

The price shows signs of sideways movement in the range of 4,300 – 4,600 USD.

Both RSI and MACD are leaning towards a downward trend, and buying pressure has not yet returned strongly.

The nearest support area: 4,280 – 4,300 USD. If it holds, ETH may bounce back to test 4,500 – 4,600 USD.

If the support breaks, there is a chance to test the area of 3,900 – 4,000 USD.

1-Hour Time Frame (1H)

In the short term, the price is losing momentum and RSI is around 42, quite weak.

MACD is also below 0 → bearish signal (short-term decline).

There is a possibility that ETH will continue to decrease and test 4,300 – 4,280 USD in the coming hours.

Multi-Time Frame Summary

Main trend (1D): up but with bearish divergence → warning of a correction.

Medium term (4H): sideways – leaning down, need to watch the area of 4,280 – 4,300 USD.

Short term (1H): weak, likely to fall to support 4,300 – 4,280 USD.

👉 If ETH can hold the support of 4,280 – 4,300 USD → it may bounce back to test 4,500 – 4,600 USD.

👉 If this area breaks → high risk of falling to 3,900 – 4,000 USD.