Ethereum price is showing signs of a macro bottom 🟢
Right now ETH is forming an Adam & Eve reversal pattern this pattern usually means sellers are getting weak and buyers are starting to build positions.
So let’s break it down in easy words 👇
What’s happening on ETH?
After a strong sell-off, ETH made a sharp bounce and now it’s consolidating near important value levels. This is the type of price action we often see when the market is trying to form a bottom.
Key points (simple)
✅ Adam & Eve pattern is forming = possible bottom setup
✅ POC reclaim is the main trigger = confirmation needed
✅ If breakout comes with volume, $2,450 is the main upside target
The “Adam” leg (sharp bounce)
ETH made a strong swing low near $1,740 and then bounced hard.
This type of bounce usually shows:
panic selling is fading
short covering starts
early dip buyers step in
It’s not a full trend change yet but it’s the first signal that selling pressure is getting tired.
The “Eve” formation (rounded base)
After that bounce, ETH slowed down and started forming a rounded base near support.
This is the “Eve” part it builds slowly and shows the market is:
absorbing supply
holding higher lows
creating a base for continuation
As long as ETH holds above $1,740, the bottom idea stays alive.
The real trigger: Point of Control (POC)
To confirm this reversal, ETH needs to reclaim the Point of Control (POC) on a closing basis.
POC = the price level where most volume traded (big pivot zone).
If ETH reclaims it with strong bullish volume, the reversal becomes more real.
If not, price can still chop or retest lower zones.
Upside target if it confirms
If the pattern confirms, the next big target is around:
🎯 $2,450 (major resistance zone)
But remember: these reversals don’t happen in one straight line. Breakouts can be messy pullbacks and retests are normal.
What to watch next
ETH must hold above $1,740
ETH must reclaim POC with volume
If that happens → rotation toward $2,450 becomes more likely ✅
#TrumpCanadaTariffsOverturned $ETH
