ETH: Higher Timeframe Support Signals Momentum
ETH holds higher timeframe support vs BTC at $2480.08, pointing to fresh momentum this month as Clarity Act expectations build.
SourceAnalysis
ETH versus BTC holds a higher timeframe support level, setting up potential momentum gains this month according to trader @CryptoMichNL, who ties the move to the Clarity Act.
Ethereum trades at $2480.08 above the EMA50 support at $2463.23 inside a bullish structure anchored by the EMA200 at $2265.21. The MACD death cross at 7.35 signals fading momentum while RSI at 50.78 remains neutral, keeping price inside the Bollinger bands with resistance at $2518.36 and support at $2438.11. This confluence favors a brief consolidation before any continuation higher. ETH price prediction models now incorporate the Clarity Act catalyst alongside broader crypto market crash recovery patterns.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast