ETH (Ethereum) – 4H Timeframe Analysis
Current Structure
ETH had a strong drop from the 3,350–3,400 area.
Price found a base near 2,780–2,800 (clear support).
From there, ETH is making a short-term recovery and forming higher lows.
Right now, price is around 3,000, which is an important decision zone.
Key Levels
Support
2,950 – 2,900 (immediate support)
2,780 – 2,800 (strong support, very important)
Resistance
3,050 – 3,100 (near resistance)
3,200 – 3,250 (major resistance zone)
What Can Happen Next (Spot View)
Bullish Scenario 📈
If ETH holds above 2,950 and breaks 3,100 with volume:
Next targets: 3,200 → 3,300
This would confirm a short-term trend reversal on 4H.
Bearish / Pullback Scenario 📉
If ETH fails to break 3,100 and loses 2,950:
Possible pullback to 2,850 – 2,800
As long as 2,780 holds, market is still okay for spot holders.
Spot Strategy (Simple)
Good for holding: Near 2,900–2,850
Safer confirmation buy: Above 3,100 breakout
Risk zone: If price closes below 2,780 on 4H
Overall Bias
Short term: Neutral → slightly bullish
Mid term (spot): Still healthy unless 2,780 breaks
Market looks like accumulation after a dump#eth #ethereum
