Matrixport data shows that Ethereum is still holding its broader uptrend, supported by key moving averages. Price action has stabilized after recent gains, and the 21-day and 50-day moving averages remain intact as important support zones. However, momentum indicators are starting to cool, suggesting that buyers are becoming cautious and that the pace of the rally may slow in the short term.
In the near term, ETH is likely to move within a defined range. Support sits around 4,350–4,400, while resistance levels appear near 4,600–4,880. A decisive breakout above resistance could open the path toward 5,000–5,200, but a failure to hold above support could lead to a pullback closer to 4,000.
Best strategy now: traders can adopt a range-based approach buy dips near support with tight stop-losses, and take profits near resistance. More aggressive players may prefer to wait for a confirmed breakout above 4,600 before entering new long positions. For long-term investors, the structure of the uptrend remains intact, making gradual accumulation a viable option as long as ETH holds its moving averages.
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#ETH Trend Watch#
ETH Short-Term Outlook and Strategy
Matrixport data shows that Ethereum is still holding its broader uptrend, supported by key moving averages. Price action has stabilized after recent gains, and the 21-day and 50-day moving averages remain intact as important support zones. However, momentum indicators are starting to cool, suggesting that buyers are becoming cautious and that the pace of the rally may slow in the short term.
In the near term, ETH is likely to move within a defined range. Support sits around 4,350–4,400, while resistance levels appear near 4,600–4,880. A decisive breakout above resistance could open the path toward 5,000–5,200, but a failure to hold above support could lead to a pullback closer to 4,000.
Best strategy now: traders can adopt a range-based approach buy dips near support with tight stop-losses, and take profits near resistance. More aggressive players may prefer to wait for a confirmed breakout above 4,600 before entering new long positions. For long-term investors, the structure of the uptrend remains intact, making gradual accumulation a viable option as long as ETH holds its moving averages.