đ§ ETH/USDT 4H Analysis â 18 June 2025
ETH is currently trading around $2,511, showing slight bearish momentum (-0.68%). After peaking at $2,879, price dropped to $2,436 and has been consolidating within a tight range since.
đ Key Observations:
MA(7) and MA(25) are both curling downward â indicating short-term bearish pressure.
Price is below MA(99) ($2,585), suggesting the medium-term trend is still weak.
MACD remains below the signal line, with histogram bars in the red â a bearish crossover persists.
Support: $2,436
Resistance: $2,585 â $2,609
đ Conclusion:
ETH is in a cool-off zone, and unless it reclaims $2,585 with strong volume, the trend favors bears in the short term. Be cautious with longs â wait for a confirmed breakout or strong reversal signal. đâ ïž
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