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ETH Price Prediction: Bulls Target $1,809, but Hidden Divergences Signal Trouble

July 4, 202604:12 AM
ETH Price Prediction: Bulls Target $1,809, but Hidden Divergences Signal Trouble

Ethereum (ETH) is currently showing a 2.19% intraday gain, with bulls eyeing a key resistance level at $1,809. However, the underlying technical structure is flashing warning signs as MACD momentum has completely stalled, suggesting the current upward move lacks true strength.

Aggressive taker sellers are dominating the futures flow, creating a precarious environment for the current rally. The next 48-72 hours represent a critical window for ETH; investors must watch closely to see if the asset achieves a definitive breakout or succumbs to the mounting bearish divergences.

Ethereum (ETH) is trading at $1,754.48, up 2.19% intraday, but the technical outlook is increasingly complex. While bulls are eyeing the $1,809 mark, the MACD momentum has stalled, signaling that this rally might be on borrowed time. The lack of buying conviction is a major red flag for short-term traders.

Compounding the concern is the aggressive activity from taker sellers in the futures market, which is currently dominating the flow. The market is at a crossroads: the next 48 to 72 hours will determine whether ETH can confirm a bullish breakout or if these hidden divergences will trigger a sharp reversal.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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