ETH 4H Analysis - Key Triggers Ahead | Day 25

Wait 5 sec.

ETH 4H Analysis - Key Triggers Ahead | Day 25Ethereum / TetherUSBINANCE:ETHUSDTCryptosWinter😃 Hey , how's it going ? Come over here — Winter got something for you! ⏰ We’re analyzing ETH on the 4-Hour timeframe. 👀 On the 4H timeframe for Ethereum, we can see that after breaking below its maker-buyer zone, ETH moved down toward lower support levels, experiencing a **7% drop** — an unexpected move that even pushed major holders to sell. Ethereum is now sitting at a **multi-timeframe support zone**, and if this level is lost, it could head toward the next lower maker-buyer area, where we’ll need to observe how price reacts. 🧮 The **RSI oscillator** shows ETH deep in the **oversold zone** with heavy selling pressure. Buyers have yet to step in, meaning that with more sell-side momentum, Ethereum could remain oversold for an extended period. 🕯 The **size and volume of red candles** have increased sharply in a short span of time. This fast move down with fewer candles signals **strong selling sentiment**, while price itself looks uncertain about its next direction. 💸 Looking at **ETHBTC**, the pair experienced a sharp drop and deep correction with the start of the new week. It is also resting at a multi-timeframe support zone. If that breaks, Ethereum could face a further correction. 🧠 As for positioning, it’s still early. We’d prefer to wait for the market to build a stronger structure and possibly a wider range before entering. A **short position below the 4147 support** is possible with low risk, but since RSI remains heavily oversold, we must also consider the potential for a **price rebound**. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .