Ethereum (ETHUSD) Weakens as Sellers Regain Control Below Key Resistance

ETHUSD weakens as sellers regain control below key resistance. From a technical standpoint, ETHUSD has failed to maintain strength above the $4,060 mark, with repeated rejections around the $4,470–$4,870 order block (OB) zone. The formation of lower highs beneath this region and a visible break of structure (BOS) around $3,825 highlight renewed seller dominance. Additionally, price action remains confined within a descending channel, suggesting continued bearish control as long as it trades below the $4,060 barrier.

Looking ahead, further downside movement could extend toward the $3,520 support, with a potential continuation to $2,850 if bearish momentum accelerates. A sustained break below these zones may expose the $2,150 level as the next macro support target. Conversely, only a decisive daily close above $4,470 would invalidate the current bearish setup and shift near-term sentiment. Overall, ETHUSD remains vulnerable to deeper declines unless strong bullish confirmation emerges.

ETH Key Levels

Supply Levels: $4700, $4870, $5500
Demand Levels: $3530, $2860, $2150

What are the indicators saying?

ETHUSD continues to exhibit a bearish structure, with momentum indicators aligning to confirm sustained downside pressure. The 9-day Simple Moving Average (SMA) near $3,960 currently acts as dynamic resistance, limiting bullish recovery attempts. The MACD histogram remains subdued below the zero line, signaling fading buying momentum and reinforcing a short-term bearish bias as price struggles to establish higher highs.

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Capital.com

• 

  John Cadogan

• 

  Fat Prophets

• 

  Ella Mason