ETH Momentum Stalls Below $1800
ETH momentum is cooling despite recent recovery, with weakening buyer control indicated by technical indicators suggesting a clean break above $1,800 is needed to regain stronger bullish trend.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
ETH momentum is cooling despite recent recovery, with technical indicators like the four-hour RSI falling from 93.56 to 66.74 and a bearish MACD crossover appearing, suggesting that a clean break above $1,800 is required to restore stronger bullish control.
Deteriorating momentum indicators often precede trend reversals by several days to weeks, and when they diverge from price strength, they typically signal that buyer conviction is weakening even if prices remain elevated, reducing the probability of sustained directional moves.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"The four-hour Relative Strength Index has fallen to 66.74 after reaching 93.56 during Friday's breakout. A bearish MACD crossover has also appeared, suggesting that momentum is cooling as ETH approaches resistance around $2,500."
"Even though the market's structure has significantly improved, short-term volatility and a possible cooldown remain significant risks, with the RSI above 80 after such an aggressive liquidation-driven move."
"Momentum remains weak rather than decisively bearish. Chaikin Money Flow is slightly negative at minus 0.02. That points to modest net selling pressure and shows that ETH has yet to attract the sustained capital inflows needed for a clean breakout."
"The MACD also indicated that following the recent recovery there was a cooling trend. To regain a stronger bullish trend, ETH might require a clean break of over $1,800."