Ethereum (ETH) Near $1,746: Bulls Target a Clean $1,800 Breakout as OBV Confirms Double-Bottom Recovery
Ethereum is trading near $1,746, and bulls are pushing for a clean $1,800 breakout that could change the near-term trajectory. Key watch items: elevated longs, OBV signaling confirmation, and a double-bottom setup that keeps recovery hopes alive.
The decisive factor is follow-through—if OBV continues to back the move and price holds the structure’s support, the rebound can gain momentum toward $1,800. Until then, volatility remains high, and any rejection could delay the breakout narrative.
Ethereum (ETH) is trading near $1,746. The technical backdrop leans bullish, with traders eyeing a clean break above $1,800. Beyond the important psychological level, the market is showing signs that recovery may be underway: longs remain elevated, OBV points to confirmation of underlying demand, and a double-bottom formation strengthens the upside thesis.
If price action stays aligned with these signals—especially OBV confirmation—the move could gather speed toward the $1,800 breakout. However, failure to hold the support levels implied by the pattern could stall or invalidate the recovery scenario.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at Brave New CoinSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
AAVE Price Alert: Massive Breakout or Breakdown Imminent Near $100?
A decisive break above the $100.80 resistance level could trigger a rally toward the $109 SMA. Conversely, the current lack of bullish conviction suggests that a breakdown is a real possibility, potentially leading to a liquidity grab lower before any sustained recovery can take place.
SHIB Price Prediction: Low Volume and Flat Momentum Signal Prolonged Sideways Action
While a stochastic crossover hints at a potential shallow bounce attempt, the lack of significant spot volume on Binance remains a major red flag. Investors should prepare for continued volatility within a tight range, as the current momentum suggests that a real breakout or breakdown requires much higher trading activity to sustain.
XLM Price Alert: Stellar is Trapped in Massive Compression—A Major Breakout is Imminent
This technical setup suggests that the current period of consolidation is reaching a breaking point. A clean move above the $0.20 resistance level could trigger a massive rally, while a failure to hold could lead to further consolidation. For XLM holders, the next few days are critical for determining the asset's short-term trajectory.
LINK Price Prediction: Dead at the SMA 50 — $8.12 Break or Bust Back to $7.65?
To trigger a bullish rally toward $8.50, LINK must secure a confirmed close above the $8.12 threshold. Failure to do so, compounded by declining open interest and rising sell-side taker dominance, could see the price retreat to the $7.65 support level.
Bitcoin ETFs Break 8-Week Losing Streak with Massive $200M Inflow
Adding to the momentum, Ethereum ETFs have also made waves by setting a multi-month positive record. This dual surge in inflows across both Bitcoin and Ethereum products highlights a broader recovery in crypto-linked financial instruments and growing market liquidity.
ADA Price Prediction: Cardano Trapped in 'Dead Compression' Under $0.17 — The Flush Precedes the Rally
Technical analysis suggests a 'dead compression' phase is underway, likely leading to a liquidity flush toward the $0.155 level. This downward movement is expected to clear out over-leveraged long positions before the asset can attempt a credible squeeze toward the $0.19 mark.
