Ethereum 0.75 retracement level faces resistance, downward alert triggered, quick look at response strategy

Ethereum price analysis: The 0.75 retracement level encountered range rejection, signaling a renewed downward trend

$ETH Ethereum failed to break through its trading range, with three attempts being rejected and the price falling back. The price is currently testing demand near the low value zone, and technical signals indicate weakening momentum.

Ethereum failed to further rise on the 1-hour chart, retreating to the established range. The breakout attempt was blocked at a key resistance level, forming lower highs, confirming that buyers could not generate sufficient momentum. ETH attempted to break through the range but was rejected, with a bearish short-term structure.

Ethereum Price Analysis: Range Rejection at 0.75 Retracement Signals Renewed Downside image 1

The breakdown process is phased. First, ETH failed above the resistance level and began consolidating. Then there were three independent upward attempts, all suppressed in the same supply area. The third assault exhausted momentum near the 0.75 retracement level close to the supply area, clearly showing fatigue. This rejection triggered a sharp decline, confirming that ETH returned to the range and bearish momentum intensified.

As ETH drops, the price returns to the value area and moves toward the low point of the value area, where demand overlaps with key volume nodes. This area may trigger a rebound, especially as downward momentum is weakening. The 1-hour RSI shows bullish divergence forming as the price approaches demand. This does not mean an immediate reversal, but suggests that selling pressure may be weakening at structurally important levels.

This is important because it shows how range dynamics currently control Ethereum. ETH failed to hold the supply area, falling back to the value area, indicating that the price has no clear direction before reclaiming the high point of the value area or breaking through the demand area. The current situation completely relies on confirmation—short-term fluctuations driven by reactions at specific technical levels, rather than a sustained trend.

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