$ETH - 4H


ETH is in a completely different situation. This one never really ran.
It spiked to $2,400 mid-March and has been bleeding since.
Right now it's hugging the 200 EMA at $2,104. That's actually somewhat constructive: price is not collapsing, it's compressing.
$1,800 is the line in the sand on the macro chart. That support hasn't been tested and I hope it stays that way.
The $2,300–$2,500 zone is the wall. Until ETH reclaims that with volume, it's just noise.
I want to see a clean daily close above $2,200 before getting excited.
Bias: neutral, with a cautious eye on $2,000 as the next real test if buyers fail here.
ETH2,25%
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