Ethereum is tryna turn this post-rally chill into a full pump setup rn 🖤 It stays squished near the top of the range and a solid break could fuel the next moon leg tho the CPI fakeout proves we need real confirmation first.
Daily Chart Vibes 💹
On the daily ETH is still clutching those massive gains from the August rocket blast. Sellers keep testing the $2.43K-$2.52K zone but can’t drag it down so far which is pretty bullish fr.
The range is crunching right at $2.45K-$2.52K with price hovering near $2.52K now. A clean daily close above here would lock in the uptrend and point straight to the $2.92K-$3.03K wall next.
If it fails tho we might just wiggle back inside the box with $2.05K-$2.14K as the next real floor while moving averages slowly tilt up underneath.
4H Action Check 🔮
Zooming to the 4-hour ETH has been bouncing between $2.35K-$2.56K for weeks without picking a real direction. That CPI spike fakeout pushed past $2.56K up to $2.66K but buyers dipped right back inside so it wasn’t enough.
To really flip bullish we gotta hold above that $2.56K level or the range just keeps rolling. Still price recovered back to the top edge instead of crashing which feels kinda promising lol.
Break and hold above and we could see another leg up but rejection sends it back toward $2.43K-$2.45K first or even $2.35K if it breaks bad.
Buyer Flow Tea 🕸️
Spot taker CVD is flipping green showing buy dominance again after neutral vibes earlier. That lines up with the reclaim toward $2.5K so it’s a nice signal for this consolidation phase.
Keep that buy pressure while we clear the range and the setup gets way stronger. Lose it and another fakeout might mean demand ain’t quite there yet.
Just another echo from the void by iconofsin.eth 💖
