Ethereum ($ETH) When a bearish analyst warns of the next crash, he returns to the spotlight. Some market voices have urged traders to sell ETH positions before the expected recession. The concern is based on interpretations of potential head and shoulder patterns that form on daily charts. However, if you look closely at the data, there are very different stories.
ETH Coins are an important level to watch
- Immediate support: $4,356 – After breakout, it became a support zone.
- Key support: $4,208 and $3,838 – both levels match the moving average and previous integrated zone.
- Upside Target: $5,000 – The next psychological milestone and if momentum continues, you can test it in the next few weeks.
ETH/USD 1-Day Chart – TradingView
Short-term outlook: Larry instead of crashes
Instead of collapse, the structure of Ethereum suggests a A strong continuation. As long as $eth stays above $4,356the buyer is in control. Push towards $5,000 It appears to be more likely than a breakdown. Only the decisive drop below $3,800 It will bring back the bearish scenario – and with current momentum, the outcome is increasingly unlikely.
Ethereum Price Prediction: Will Ethereum prices crash?
Some analysts advise traders to throw coins in search of a massive Ethereum crash drop, but the charts tell a very different story. Bearish head and shoulder setups are effectively ineffective as they regain the destructive resistance of ETH, moving average and show positive RSI momentum. Instead of collapse, Ethereum appears to be building momentum for a new rally – $5,000 It’s clearly visible.
