Ethereum Is About to Start Making Its Move to $4100Trading Fam,
Lot's of good patterns occurring on the crypto charts recently, Ethereum is no exception. Here you can see a valid inverse head and shoulders pattern has formed. 85% of the time, these patterns play out.
If we do break that neckline to the upside, I would suggest that $4100 will come fairly quickly. We do have a few resistance areas ahead of us where I expect some pause. But this will only give the market enough time to recognize they may be missing the rocket ride and hop in.
If we don't break that neckline this week, we could pull back for another week. But I think by the end of June our neckline will break and we'll be on our way.
Best,
Stew
ETHUSD trade ideas
Bullish continuation?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,732.37
1st Support: 2,548.35
1st Resistance: 2,898.51
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Disclaimer:
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Ethereum / US Dollar (ETH/USD)ETH/USD is trading within a broad ascending channel on the 4H timeframe. The price has recently rebounded from the lower boundary of the channel around 2435.63 and is now attempting a recovery. If this rebound holds, the next bullish targets lie at 2604 and 2657. A break below 2430 would invalidate the bullish setup and could lead to deeper downside pressure.
Reaccumulation Before Breakout? Idea Summary:
Ethereum is currently in a consolidation phase after testing the $2,700โ$2,750 zone. Using Fibonacci retracement and extension levels, I anticipate a potential bullish continuation pattern forming above key support zones, with eyes on higher targets.
๐ Technical Analysis:
Current price: ~$2,540
Key Fib retracement levels:
0.786 โ ~$2,347 โ holding as immediate support
0.618 โ ~$2,222
0.5 โ ~$2,064
0.382 โ ~$1,906
Resistance zone: ~$2,734 (Fib 1.0)
Main breakout target:
1.618 extension โ $3,563
2.618 extension โ $4,904 (longer-term projection)
Price action suggests a potential bullish structure forming โ a possible inverse head & shoulders or ascending triangle pattern.
Bullish Scenario:
If ETH holds above $2,300โ$2,350 and breaks above the $2,730 resistance, we could see a surge toward the $3,560 level (1.618 Fib extension), with the possibility of entering a parabolic leg toward $4,900+ in the longer run.
Bearish Scenario:
If ETH fails to hold above the 0.786 level ($2,347), the next downside supports are:
$2,222 (0.618)
$2,064 (0.5)
These levels could offer new long entries depending on reaction.
Conclusion:
Ethereum is forming a solid base for the next move. As long as bulls protect the $2,300 zone, the chart favors upside continuation. A break above $2,750 would confirm strength and may trigger a powerful bullish extension.
Ethereumโs 19-Day ETF Inflow Streak: What Really HappenedEthereumโs 19-Day ETF Inflow Streak: What Really Happened to Price, Structure, and Sentiment
Table of Contents
1. Executive Summary
2. ETF Backdrop: How the 19-Day Inflow Wave Took Shape
3. Chronology of Price: Day-by-Day Performance
4. Weekly Chart Anatomy: The โPre-Tower Topโ Signal Explained
5. Intraday Technicals: From $2,450 Low to the $2,620 Hurdle
6. On-Chain & Derivatives Lens: Funding, OI, CEX Balances
7. Fundamental Undercurrents: Dencun Afterglow, L2 Fees, Staking Yields
8. Risks & Catalysts: ETH vs. Macro, vs. BTC Dominance, vs. SEC Noise
9. Playbooks for Traders and Long-Term Allocators
10. Conclusion: A Pause, Not a PeakโIf Key Levels Hold
________________________________________
1. Executive Summary
โข Ethereum received 19 consecutive days of net inflows into spot-linked exchange-traded products (ETPs) totaling $1.37 billion, the longest positive streak since the 2021 bull-run.
โข Over the same period ETH/USD rose 18.4 %, printing a local high at $2,750, but has since pulled back to $2,575 amid broad crypto risk-off and Middle-East tensions.
โข The latest weekly candle morphs into a โpre-tower topโ patternโtwo tall green candles followed by a small-bodied dojiโoften a harbinger of heavy distribution if confirmed by another red week.
โข Short-term structure improved Monday: price pierced a contracting-triangle ceiling at $2,550, reclaimed the 100-hour SMA, and now eyes $2,620 as the gatekeeper to renewed upside.
โข Funding rates flipped neutral, exchange reserves hit a 7-year low, and staking deposits outpace withdrawals 1.7 : 1โon-chain signs that the sell-off is more leverage shakeout than top formation.
________________________________________
2. ETF Backdrop: How the 19-Day Inflow Wave Took Shape
2.1. The Players
Unlike Bitcoinโs mammoth U.S. spot ETFs, Ethereumโs inflow streak drew from Europe and Canada, where physically backed ETPs have traded since 2021. The three biggest contributors:
Product Country 19-Day Net Flow AUM Growth
21Shares Ethereum ETP (AETH) Switzerland +$502 m +38 %
CI Galaxy Ethereum ETF (ETHX) Canada +$458 m +29 %
WisdomTree Physical Ethereum EU +$227 m +24 %
Rumors of an SEC approval window โafter the U.S. electionโ sparked pre-positioning; asset managers figured it was cheaper to accumulate now than chase later once liquidity explodes on Wall Street.
2.2. Flow Mechanics
When an ETP issues new shares, it must buy spot ETH or tap an AP that can supply coinsโdirect demand unmatched by equivalent selling pressure. Over the 19-day window, the net 396 k ETH of creation equaled 57 % of all new issuance from block rewards post-Dencun, creating a measurable supply squeeze.
2.3. Historical Context
The only longer stretch was JanuaryโFebruary 2021 (27 days), which culminated in ETH exploding from $1,400 to $2,000. The key difference today: market cap is six times larger, so identical inflows exert a milder percentage impact, explaining why price โonlyโ added ~18 %.
________________________________________
3. Chronology of Price: Day-by-Day Performance
Day Date ETF Net Flow Price Close % ฮ vs. Prior Day
1 Mar 18 +$58 m $2,110 โ
5 Mar 22 +$73 m $2,265 +7.3 %
10 Mar 27 +$94 m $2,430 +2.4 %
15 Apr 1 +$125 m $2,690 +3.8 %
19 Apr 5 +$81 m $2,750 +0.9 %
Across the stretch, realized volatility rose from 32 % to 46 %, but skew stayed positive, showing call demand outpaced puts until the very end, when geopolitical headlines flipped sentiment.
________________________________________
4. Weekly Chart Anatomy: The โPre-Tower Topโ Signal Explained
4.1. What Is a Tower Top?
In candlestick lore, a tower top comprises:
1. A tall green candle (strong breakout)
2. Another tall green candle (exhaustion)
3. A narrow doji or spinning top (equilibrium)
4. A large red candle (breakdown confirmation)
We currently have the first three pieces: the last two weeks of March delivered back-to-back 10 % advances; the first week of April closed as a +0.6 % doji. The pattern is not confirmed until a decisive red week engulfs the doji body (< $2,540).
4.2. Indicators
โข RSI (weekly): 59 โ ticking down from 68 high; still shy of overbought.
โข MACD histogram: Positive but flattening.
โข Bollinger bands: Price mid-point of upper band, room for one more expansion.
Conclusion: the candle warns of fatigue, but momentum hasnโt rolled overโyet.
________________________________________
5. Intraday Technicals: From $2,450 Low to the $2,620 Hurdle
5.1. Hourly Chart (Kraken Feed)
โข Triangle Breakout: Price sliced through descending trend-line at $2,550, tagging $2,590.
โข Moving Averages: ETH trades marginally above the 100-hour SMA ($2,575) but below the 200-hour ($2,610).
โข Fibonacci Zones: $2,620 aligns with 0.5 retrace of the $2,750โ$2,450 fallโclassic reversal pivot.
A clean hourly close >$2,620 opens the door to $2,680 (0.618 Fib) and psychological $2,700. Failure rejects to $2,520 support cluster.
5.2. Order-Book Heat Map
Coinbase Pro data shows 1,300 ETH ask wall at $2,620 and a thinner 890 ETH bid at $2,520. Liquidity skew favors dip-buying, but bulls need market orders >1 k ETH to smash the ask block.
________________________________________
6. On-Chain & Derivatives Lens
6.1. Exchange Reserves
Centralized exchanges now hold 12.9 million ETH, lowest since July 2017. The 19-day ETF harvest accelerated an already extant down-trend of roughly 60 k ETH/week outflows, mostly into staking contracts and L2 bridges.
6.2. Staking Flows
โข Beacon deposit contract: +188 k in Aprilโs first week.
โข Withdrawal queue: 11 k ETHโtiny relative to deposits.
โข Effective deposit APR after Dencun: 3.2 %, still beating U.S. 2-year T-notes post-tax for many investors.
6.3. Perpetual Funding & OI
โข Funding normalized to 0.007 %/8 h (โ 3.2 % APR), down from 9 % at March highsโspec longs flushed.
โข Open Interest shed $420 m in the two-day dipโliquidations, not fresh shorts, drove the wash-out.
6.4. Options Skew
โข 25-delta risk reversal (1-month): flipped to โ4 % (puts pricier than calls) for first time since Januaryโhedging demand but nowhere near panic-level (โ12 % in 2022 bear).
________________________________________
7. Fundamental Undercurrents
7.1. Dencun Afterglow & L2 Fees
Proto-danksharding (EIP-4844) slashed L2 data costs by 85 %, pushing average Arbitrum and Optimism transaction fees under $0.02. Cheaper blockspace fuels on-chain activity:
Metric Pre-Dencun Post-Dencun ฮ
Daily L2 Txns 2.4 m 4.1 m +71 %
Bridged ETH to L2s 6.8 m 7.9 m +16 %
More usage โ more gas burned โ structural tailwind to ETH as a fee-burn asset.
7.2. DeFi TVL
Total value locked rebounded to $61 billion, led by EigenLayer and restaking hype. ETH comprises 68 % of TVL collateralโevery lending loop pins additional demand.
7.3. Competing Narratives
โข Solana season siphoned retail mind-share; SOL/ETH ratio popped 42 % YTD.
โข Bitcoin L2s (Stacks, Rootstock) attempt to mirror Ethereumโs smart-contract moat, but dev tooling remains nascent.
โข
Net: Ethereum retains developer supremacy (70 % of new GitHub commits among smart-contract chains) and therefore garners institutional comfort.
________________________________________
8. Risks & Catalysts
Factor Bearish Angle Bullish Rebuttal
Macro Sticky U.S. CPI halts Fed cuts โ higher real yields weigh on non-yielders ETH staking yield + MEV is real cash-flow; Dencun lowers L2 costs โ adoption offset
SEC Spot ETF Delay past Jan 2026 or outright denial kills U.S. inflow dream 19-day streak proves ex-U.S. capital is hungry; approval >0 is all it takes for supply shock
BTC Dominance Halving FOMO may keep Bitcoinโs share >55 %, starve ETH rotation Historical pattern: ETH rips 6-10 weeks post-halving as beta plays catch-up
Tower-Top Pattern Weekly confirmation could spark drop to $2,200 support Pattern fails if bulls recapture $2,750 quickly, turning doji into bullish flag
________________________________________
9. Playbooks for Traders and Long-Term Allocators
9.1. Short-Term Momentum (0โ7 days)
โข Bias: Range-trade $2,520โ$2,620 until breakout.
โข Instruments: ETH-perp on Bybit/Deribit, 3ร leveraged tokens for reduced funding bleed.
โข Trigger: 15-minute candle above $2,620 with โฅ $50 m aggregated CVD buys.
โข Stop: $2,560 (triangle retest).
โข Target: $2,680 then $2,700.
9.2. Swing (1โ8 weeks)
โข Bias: Accumulate dips as long as weekly stays >$2,350 (0.382 Fib of OctโMar leg).
โข Tools: 1-month $2,500-$2,800 call spreads; spot with 25 % collar protection.
โข Catalysts: SEC commentary May 23, FOMC June 18.
9.3. Position (6โ18 months)
โข Bias: Dollar-cost average into staking nodes; carry 4 % ETH on portfolio NAV.
โข Thesis: EIP-4844 usage boom + probable U.S. ETF = $4โ5 k fair value by 2026.
โข Risk Control: Hedge 25 % notional via BTC-perp short if BTC.D >58 %.
________________________________________
10. Conclusion: A Pause, Not a PeakโIf Key Levels Hold
The 19-day ETF inflow streak proves that institutional demand for Ethereum exists even without a U.S. spot vehicle. Price responded vigorously but not parabolically, reflecting the assetโs growing market-cap gravity. The nascent โpre-tower-topโ weekly candle warns of exhaustion; confirmation, however, requires another bearish week that cracks $2,540 support.
Short-term order-flow shows willing dip buyers, staking metrics scream supply sink, and the macro backdropโwhile shakyโfails to dent ETHโs relative value proposition versus fiat yields. Translation: Ethereum is vulnerable to headline-driven squalls but structurally sound.
If bulls recapture $2,620, the path to retest $2,750 and ultimately $3,000 reopens. Lose $2,450 and the tower top will complete, sending ETH toward $2,200 where ETF inflow buyers likely reload. For now, the balance of evidence favors consolidation with an upward skewโtower construction, perhaps, but no wrecking ball yet.
ETH $700 SWING SHORT MUST SEENext Prediction
$2600 to $3000
$3009 to $2300
โธป
Since the full Wedge failed to play out fully so now if we go up and inside the wedge has a higher higher giving us a huge swing
Target:
$2,300 is the full measured move if the rising wedge pattern plays out cleanly and fully resolves.
ETHUSD broke the Resistance level 2800.00 ๐ Possible scenario:
Ethereum overtook Bitcoin in derivatives trading, hitting $110B โ a 38% jump โ compared to Bitcoinโs $84.7B. ETH price climbed 4% to $2,820, its highest since February. Key growth drivers include strong inflows into US spot ETH ETFs ($890M over 16 days), rising DeFi activity (TVL up 32% to $118.8B), and positive SEC signals. The Pectra update boosted scalability and reduced costs. OpenSea also saw peak user activity since 2023.
With ETF staking approval, ETH could reach $5,500โ6,700 by year-end, and $10,000โ20,000 by 2030. Crypto analyst suggests ETH may mirror Bitcoinโs 2021 rally. If ETH breaks the $4,200 and reclaims the 1-week MA50, it could stage a massive run โ possibly topping $10K by 2026, or even $15K in a parabolic scenario.
โ
Support and Resistance Levels
Support level is now located at 2,390.00.
Now, the resistance level is located at 2,850.00.
Bullish continuation?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,364.01
1st Support: 2,548.35
1st Resistance: 2,788.17
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ETH updateDo you understand breakout n retest? Well this is how market brakes out this is how to see if a trend breakout,I don't not have any reason to sell this pair because it's already shift and breakout from temporary selling trend soo the best n easy way to follow it now is to do what, to counter pull back n manage to move with the trend,I do not believing in explanations or telling peoples many thing,simple analysis few explanations right directions we win n let looser make noise,do not believe in explanations more than what you see.
ETH/USD: The Great Ethereum Bounce is HERE!๐ THE MOON MISSION (Resistance Zone)
HEALTY TARGET: $3,500 - Your text says it all!
Upper Trendline: Acting as launch pad
Psychological Resistance: $3,000 round number
๐ข CURRENT LAUNCH PAD
Price: $2,529.15 - Breaking above key resistance
Previous Resistance: $2,324.45 - Now turned support
Support Zone: $2,277.81 - Strong foundation
๐ด DANGER ZONE (Abort Mission)
Critical Support: Lower trendline around $2,000
Major Support: $2,277.81 level must hold
๐กBUY ZONE: $2,100 - $2,180 ๐ฏ
โ ๏ธSTOP LOSS: $1999 (Previous resistance) โ ๏ธ
TAKE PROFIT 1: $2,650 (Take 50% profits) ๐ฅ
TAKE PROFIT 2: $3,300 (Let winners run!) ๐ฅ
ETHEREUM BULLFLAGA nice bullflag structure has presented itself on this daily timeframe
I think this bullflag will allow ETH to catch up to BTC in term of alts vs BTC
I expect a very strong bullish move to be coming in the next month or next month breaking out of this bullflag
Green horizontal has been seen previously as a point of support.
can eth touch previous high made? or will this coin crash?can eth touch previous high made?
or will this coin crash to oblivion?
let us know!
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Ethereum (ETH/USD) 4H Analysis โ Preparing for a Major Bullish ๐ Ethereum (ETH/USD) 4H Analysis โ Preparing for a Major Bullish Move! ๐โก
๐ Chart Overview:
Ethereum is currently forming a bullish structure on the 4H timeframe, setting up for a potential strong rebound from the key support zone between $2,385 โ $2,434. The chart projects a two-leg correction followed by a rally toward $2,787 โ $2,859 resistance, suggesting bullish momentum is building. ๐๐ฅ
๐ Key Technical Insights:
๐ง Major Support Zone ($2,385โ$2,434)
This orange support block has been tested multiple times and is holding well. Itโs a strong demand area where buyers are likely to step in again.
๐ต Current Price Action:
ETH is hovering around $2,519, with a possible dip toward the lower support zone before triggering a bounce. The bullish projection path (dotted line) suggests price may establish a higher low and begin a fresh uptrend. ๐โก๏ธ๐
๐ช Strong Resistance Ahead ($2,787โ$2,859)
A large resistance cluster lies ahead, where previous rejections occurred. This zone will be critical โ a clean break above could lead to significant upside continuation.
๐ Structure Overview:
Mid-range level: $2,679 (key pivot point)
Short-term resistance: $2,679
Target zone: $2,787โ$2,859
Potential retracement base: $2,434โ$2,385
๐ Projection Arrow:
Chart suggests a dip then a rally with potential bullish breakout โ traders watching for a bullish confirmation pattern (double bottom, bullish engulfing, or breakout candle).
๐ง Conclusion:
ETH is nearing a buy zone for swing traders! A strong bounce from $2,434โ$2,385 could offer a lucrative long opportunity toward the $2,850 region. A break above that resistance could open the door to a new bullish leg. ๐๐
๐ Trade Setup Idea:
๐น Entry: $2,440โ$2,500
๐ฏ Target: $2,787 โ $2,859
๐ก๏ธ SL: Below $2,385
Et herino getting rejected - bigger correction likely- several strong wicks to the upside
- yellow stripe signal on the 2D time-frame (comments)
- Bitcoin looking like it wants lower as well
Best case scenario for ETH here would be a correction that leads to a HIGHER LOW above 2000$. Potential surge above 3000$ and 4000$ later this year.
ETH/USDT โ Bullish Setup UnfoldingEthereum has broken a key market structure, confirming bullish momentum. After the structure break, we saw a clean retest on our order flow level, signaling strong buyer interest.
Current Outlook:
๐ ETH is showing solid bullish continuation signs
๐ Higher highs and higher lows forming
๐ Retest confirmation adds confluence
๐Key levels:
๐ก My Strategy: Adding to long positions. As long as ETH holds above the retest zone, upside potential remains strong. Iโm targeting the next major resistance zone.