CRYPTOWITHASADI

On the daily chart, ETH remains capped below key moving averages.
The liquidation heatmap reveals that Ethereum recorded approximately $76.2 million (approx. Rs 21.3 billion) in liquidations over the past 24 hours, with $47.6 million (approx. Rs 13.3 billion) coming from long positions.
The large number of long liquidations reflects traders being forced to close bullish bets as ETH dipped lower.
Even so, Ethereum's broader technical structure remains challenging.
On the 4-hour chart, ETH continues to trade below both its 50-day Exponential Moving Average (EMA) at $1,806 and its 100-day EMA at $1,970, indicating that the medium-term trend has yet to turn decisively bullish.
Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at 58, suggesting improving momentum without entering overbought territory.
Meanwhile, the MACD lines are also within the neutral territory, indicating indecision among traders.
Ethereum's first major resistance lies around $1,806, where the 50-day EMA aligns with a key horizontal resistance zone.
If buyers manage to break above this level, attention will shift to $1,909, followed by the 100-day EMA at $1,970.
Additional resistance levels are located around $2,018, $2,108, and $2,211, each representing potential obstacles to a sustained bullish breakout.
On the downside, immediate support is found near $1,741, followed by the 20-day EMA at $1,713.
Should selling pressure intensify, ETH could retest lower support levels around $1,524 and $1,405, while $1,156 remains a significant long-term support area if the broader correction resumes.
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