Ethereum (ETHUSD) Weakens as Sellers Regain Control Below Key Resistance

ETHUSD weakens as sellers regain control below key resistance. From a technical standpoint, ETHUSD has failed to maintain strength above the $4,060 mark, with repeated rejections around the $4,470–$4,870 order block (OB) zone. The formation of lower highs beneath this region and a visible break of structure (BOS) around $3,825 highlight renewed seller dominance. Additionally, price action remains confined within a descending channel, suggesting continued bearish control as long as it trades below the $4,060 barrier.

Looking ahead, further downside movement could extend toward the $3,520 support, with a potential continuation to $2,850 if bearish momentum accelerates. A sustained break below these zones may expose the $2,150 level as the next macro support target. Conversely, only a decisive daily close above $4,470 would invalidate the current bearish setup and shift near-term sentiment. Overall, ETHUSD remains vulnerable to deeper declines unless strong bullish confirmation emerges.

ETH Key Levels

Supply Levels: $4700, $4870, $5500
Demand Levels: $3530, $2860, $2150

What are the indicators saying?

ETHUSD continues to exhibit a bearish structure, with momentum indicators aligning to confirm sustained downside pressure. The 9-day Simple Moving Average (SMA) near $3,960 currently acts as dynamic resistance, limiting bullish recovery attempts. The MACD histogram remains subdued below the zero line, signaling fading buying momentum and reinforcing a short-term bearish bias as price struggles to establish higher highs.

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