ETH: Higher Prices Likely Above Daily MAs

ETH stays above the 21-day and 50-day moving averages, keeping the path open for higher prices according to @CryptoMichNL. Macro releases including PCE Inflation and Advance GDP today could trigger a Nasdaq bounce and accelerate momentum toward the Clarity Act.

Price action on the 4h chart sits at $1920.46 inside the Bollinger Bands with upper resistance at $1963.02 and lower support at $1862.65. The EMA50 at $1900.68 and EMA200 at $1823.5 act as layered support while RSI at 53.62 remains neutral and MACD registers a bearish death cross at 1.61, suggesting a brief pullback to the 50-EMA before continuation.