- Ethereum is showing signs of life after its recent slide, but don’t cue the victory lap just yet.
- Momentum flickers hint that the bulls might just be lacing up their boots.
There’s no doubt – Ethereum [ETH] is showing signs of life after its dip below $1,400. But let’s not mistake this “relief rally” for a confirmed trend reversal just yet.
According to AMBCrypto, thanks to some quiet whale accumulation, Ethereum’s back from the brink.
Still, the lack of a strong bid-side push means capitulation risk hasn’t fully left the chat. In short: ETH’s not dead, but it’s not ready to sprint either.
That said, early recovery signs are emerging. The bulls may not be charging yet, but they’re definitely warming up.
Bulls might be lacing up for a run
Check out the monthly and weekly price snapshots, and suddenly, this theory clicks. While Ethereum’s in the red for the month, Bitcoin [BTC] flexed a solid 13% move.
But zoom in, and the story flips. On the weekly chart, Ethereum is outperforming, putting up double the gains compared to BTC.
This suggests capital rotation back into ETH, especially with BTC approaching a key overhead supply zone at $96k – where resistance may cap further upside.
Source: CoinMarketCap
Additionally, the RSI on the ETH/BTC daily chart is trending up after a long stint in oversold territory throughout April, signaling a potential momentum shift.
These technicals are backing AMBCrypto’s thesis.
Add in some heavy whale accumulation, and Ethereum smashing through the $1,900 resistance is looking more likely by the day.
Ethereum’s soft reboot
The bullish case for Ethereum just got a major boost. Data from Glassnode showed a sharp uptick in First Buyers, meaning fresh wallets are grabbing ETH for the first time since February.
Plus, Momentum Buyers – those short-term traders jumping in during rallies – are ramping up their game this week. When these two groups team up, it’s often the prelude to a structural reversal.
Source: Glassnode
But let’s not get ahead of ourselves – there’s still caution in the air. As AMBCrypto pointed out, Ethereum’s inability to bounce back aggressively means capitulation risk still lingers.
Until fresh buyers step in at that critical $1,900 level, breaking through that resistance is no easy feat.
So, while on-chain data and capital rotation are hinting at a potential relief rally toward $1,900, sell-side pressure will likely keep a tight grip on this level.
Stay glued to those volume metrics around $1,900 — it could be the tipping point for Ethereum’s next big move.
- Ethereum is showing signs of life after its recent slide, but don’t cue the victory lap just yet.
- Momentum flickers hint that the bulls might just be lacing up their boots.
There’s no doubt – Ethereum [ETH] is showing signs of life after its dip below $1,400. But let’s not mistake this “relief rally” for a confirmed trend reversal just yet.
According to AMBCrypto, thanks to some quiet whale accumulation, Ethereum’s back from the brink.
Still, the lack of a strong bid-side push means capitulation risk hasn’t fully left the chat. In short: ETH’s not dead, but it’s not ready to sprint either.
That said, early recovery signs are emerging. The bulls may not be charging yet, but they’re definitely warming up.
Bulls might be lacing up for a run
Check out the monthly and weekly price snapshots, and suddenly, this theory clicks. While Ethereum’s in the red for the month, Bitcoin [BTC] flexed a solid 13% move.
But zoom in, and the story flips. On the weekly chart, Ethereum is outperforming, putting up double the gains compared to BTC.
This suggests capital rotation back into ETH, especially with BTC approaching a key overhead supply zone at $96k – where resistance may cap further upside.
Source: CoinMarketCap
Additionally, the RSI on the ETH/BTC daily chart is trending up after a long stint in oversold territory throughout April, signaling a potential momentum shift.
These technicals are backing AMBCrypto’s thesis.
Add in some heavy whale accumulation, and Ethereum smashing through the $1,900 resistance is looking more likely by the day.
Ethereum’s soft reboot
The bullish case for Ethereum just got a major boost. Data from Glassnode showed a sharp uptick in First Buyers, meaning fresh wallets are grabbing ETH for the first time since February.
Plus, Momentum Buyers – those short-term traders jumping in during rallies – are ramping up their game this week. When these two groups team up, it’s often the prelude to a structural reversal.
Source: Glassnode
But let’s not get ahead of ourselves – there’s still caution in the air. As AMBCrypto pointed out, Ethereum’s inability to bounce back aggressively means capitulation risk still lingers.
Until fresh buyers step in at that critical $1,900 level, breaking through that resistance is no easy feat.
So, while on-chain data and capital rotation are hinting at a potential relief rally toward $1,900, sell-side pressure will likely keep a tight grip on this level.
Stay glued to those volume metrics around $1,900 — it could be the tipping point for Ethereum’s next big move.
can i buy clomiphene without dr prescription how to get clomiphene without prescription where buy generic clomid tablets buy clomiphene get generic clomiphene without insurance order clomid without a prescription buy generic clomid price
Good blog you possess here.. It’s obdurate to assign elevated worth script like yours these days. I honestly respect individuals like you! Withstand care!!
buy azithromycin no prescription – flagyl order online flagyl 200mg sale
buy semaglutide – purchase semaglutide without prescription buy generic periactin
domperidone for sale online – order domperidone 10mg without prescription order cyclobenzaprine 15mg pills
purchase inderal for sale – methotrexate 5mg canada buy methotrexate 5mg pill
generic amoxiclav – https://atbioinfo.com/ order ampicillin online cheap
buy nexium pill – https://anexamate.com/ esomeprazole tablet
warfarin 5mg brand – https://coumamide.com/ buy cozaar medication
buy meloxicam generic – swelling mobic 15mg ca
order deltasone – adrenal where can i buy prednisone
best ed pills at gnc – https://fastedtotake.com/ buy ed meds online
cheap amoxicillin online – https://combamoxi.com/ where can i buy amoxicillin
escitalopram usa – on this site lexapro 20mg price
buy cenforce cheap – https://cenforcers.com/# order cenforce 100mg
what is the normal dose of cialis – ciltad gn cialis and cocaine
cialis coupon 2019 – strong tadafl cialis vs flomax for bph
order generic ranitidine 300mg – buy zantac 150mg generic ranitidine 300mg canada
50 mg viagra cost – strong vpls sildenafil 50 mg buy online
Thanks on putting this up. It’s understandably done. https://gnolvade.com/
This website absolutely has all of the bumf and facts I needed adjacent to this case and didn’t know who to ask. https://buyfastonl.com/amoxicillin.html
More text pieces like this would insinuate the интернет better. https://ursxdol.com/prednisone-5mg-tablets/
Thanks an eye to sharing. It’s first quality. https://prohnrg.com/
I couldn’t resist commenting. Adequately written!
cost ondansetron
Thanks for sharing. It’s outstrip quality. https://www.sokoguide.com/Business/contact.php?web=web&b=142&p=biz&w=https://www.storeboard.com/xpregain
This is the compassionate of scribble literary works I in fact appreciate. http://iawbs.com/home.php?mod=space&uid=914830
buy dapagliflozin paypal – https://janozin.com/ order forxiga 10mg generic
purchase orlistat without prescription – buy cheap orlistat xenical oral