ETH: Consolidation Builds Ahead of 0.03 Breakout

ETH shows very strong consolidation before the next leg upwards, with the breakout set to push the pair back above 0.03 according to @CryptoMichNL.

ETH price prediction models now factor in the 4h technical confluence where price at $1857.86 tests the lower Bollinger support at $1861.8 while the MACD death cross at -4.62 keeps downward pressure intact against the EMA50 resistance at $1884.95.

RSI at 37.63 leaves room for momentum recovery without oversold conditions, yet the bearish trend structure versus the EMA200 at $1793.37 suggests any sustained move higher requires a clean reclaim of the upper Bollinger band near $1960.75 first.