ETH Multi-Timeframe Breakdown: Weekly Through 15m All Bearish

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ETH Multi-Timeframe Breakdown: Weekly Through 15m All BearishEthereum / TetherUSBINANCE:ETHUSDTbubblyLion51830When every timeframe from Weekly to 1-Hour is bearish, you don't fight the trend. You wait for the setup. Here's the complete breakdown on ETH as of April 2, 2026. Multi-Timeframe Alignment (Net Score: -3, "Mostly Bearish") Weekly: Bearish — Price $2,046 below 200 EMA ($2,557), RSI 36.2, MACD bearish Daily: Bearish — Death cross (EMA50 < EMA200), RSI 47 falling 4-Hour: Neutral — EMAs tangled, transitioning 1-Hour: Bearish — Below 20 EMA ($2,067), RSI 39, MACD bearish 15-Min: Neutral — MACD bullish crossover (short-term bounce only) 5 out of 5 timeframes bearish or neutral. Zero bullish readings. The Death Cross Problem On the daily chart, the EMA50 ($2,155) crossed below the EMA200 ($2,724). ETH hasn't been above its daily 200 EMA in months. Until price reclaims the daily EMA50, the trend is down. The Bounce Trap The 15-minute chart shows a bullish MACD crossover and RSI rising. This makes traders think "the bottom is in." It's not — it's a relief rally within a bearish structure. Evidence: - 5-minute RSI at 69.8 (near overbought) on bounce from $2,016 to $2,044 - Volume at 0.3x average — no conviction - Price still below VWAP ($2,064), all hourly EMAs - Wall of resistance from $2,064-$2,082 ETH/BTC Rotation: Ratio at 0.0308 (56th pctl), down from 98th pctl days ago. Rotation OUT of ETH, back into BTC. When ETH/BTC falls, ETH drops harder and bounces less. Key Resistance: $2,064 (VWAP) > $2,070 (5m SMA200) > $2,079 (1H SMA20) > $2,134 (Fib 0.786) Key Support: $2,025 (Fib 0.382) > $1,995 (BB lower) > $1,985 (1H support) > $1,938 (full retrace) For shorts: Trail stops above $2,082. Target $1,985. For longs: Don't catch the knife. Wait for VWAP reclaim ($2,064) + 1H RSI > 50 + volume confirms. Don't let a 5-minute green candle trick you into fighting a weekly downtrend. Disclaimer: Not financial advice. Manage your own risk.