So, apparently, the market just *loves* to cheer up at the end of the week. CoinMarketCap says so. Who trusts them? Everyone. Go figure.
ETH/USD
Ethereum’s price bumped up by a whopping 1.3% in the last day. Yeah, 1.3%! That’s like a polite nod in the crypto world, not a party. 🥳
On the hourly chart, ETH tried a little magic trick – a “false breakout” of $4,558 resistance. Classic move. If the daily candle decides not to close *far* from that level, the bears might just crash this party and drag it down to $4,450. Correction city, population: you.
Zooming out to the daily chart, all eyes are on whether Ethereum’s candle closes near $4,516. A long wick could mean some sad news: a drop to the $4,400-$4,500 club is on the horizon.
Midterm? ETH’s stuck chillin’ right smack dab in the middle of the channel between support at $4,166 and resistance at $4,788. Neither side’s winning the tug-of-war, so expect more “meh” sideways action. Hold onto your popcorn.
Oh, and by the way, Ethereum’s price is hanging out at $4,515 as I’m typing this. Riveting stuff, right?
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2025-09-12 18:21