**Multi-Timeframe ETH Analysis**
**Daily (D1) Overview**
Ethereum (ETH) currently trades at 3,892.03 USDT, positioned below the 20 EMA (4,011.84) and 50 EMA (4,103.34), but still above the 200 EMA (3,628.81). This mixed EMA alignment suggests that the medium-term trend is weak, while the long-term uptrend remains intact.
The Relative Strength Index (RSI) stands at 43.86, below the neutral 50 level, indicating that sellers hold a slight advantage. Buyers appear hesitant and need the RSI to reclaim the midline to regain confidence.
Looking at the MACD, the MACD line is at -69.45 versus the signal line at -80.63, producing a positive histogram of +11.18. This points to stabilizing momentum, and a potential crossover could strengthen the case for a recovery.
Bollinger Bands show the price trading below the middle band (3,965.23) but well above the lower band (3,707.80). This implies downside risk remains present, though the bands are not currently stretched.
The Average True Range (ATR) measures volatility at 182.71, indicating moderate daily swings of roughly 180-190 points. Risk management remains important under these conditions.
Pivot points are also noteworthy: the pivot point (PP) sits at 3,893.42, resistance 1 (R1) at 3,947.35, and support 1 (S1) at 3,838.11. Closing above the pivot point would suggest stronger buying interest, whereas falling below S1 could increase selling pressure.
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**Hourly (H1) Summary**
On the hourly chart, ETH closes at 3,892.03, which is below all major EMAs: the 20 EMA (3,929.87), 50 EMA (3,978.66), and 200 EMA (3,989.99). The intraday trend leans bearish, and rallies are likely to encounter supply zones.
The RSI is at 40.65, reflecting soft momentum consistent with the current bearish bias. The MACD line at -26.19 is close to the signal line (-27.05), with a small positive histogram of +0.86, signaling that selling pressure is easing but buyers have yet to take control.
Price action fluctuates around the lower half of the Bollinger Bands, with the middle band at 3,926.55 and the lower band at 3,865.49, indicating cautious bidding activity.
Short-term volatility is lower compared to the daily timeframe, with ATR at 38.06. This favors tighter risk management for scalpers and short-term traders.
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**15-Minute (M15) Micro Trend**
At the micro level, Ethereum trades below the 20 EMA (3,903.20), 50 EMA (3,915.68), and 200 EMA (3,984.28), reflecting continued bearish sentiment.
The RSI on this timeframe is 43.09, showing sellers hold a slight edge, although momentum could turn if RSI rises above 50. The MACD line is at -7.68, below the signal line at -5.44, with a negative histogram of -2.24, confirming bearish micro impulses.
Price action hugs the middle to lower Bollinger Band region (middle band at 3,910.91, lower band at 3,874.23), suggesting resistance on upward moves and supply pressure.
The ATR is quite low at 15.88, indicating compression phases where small breakout moves of 15-20 points can occur swiftly. Traders should watch for these quick shifts in momentum.
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**Summary**
Overall, Ethereum shows mixed signals across timeframes: a long-term uptrend remains supported, but medium- and short-term charts lean bearish with cautious momentum. Key levels around EMA and pivot points should be monitored closely for signs of trend shifts. Risk control is essential amid moderate volatility, particularly for intraday and scalping strategies.
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