ETH: Van de Poppe Flags Max Bid Zone Below $2,300

Michaël van de Poppe noted that $ETH has swept every low since the August breakout, placing price in the zone for aggressive bids beneath $2,300 or a slide below $1,850 if support fails, though he views the latter as unlikely given post-hack resilience and priced-in midterm outcomes.

Price trades at $2,254.37 inside the Bollinger Bands with the upper band at $2,378.01 acting as immediate resistance and the lower band at $2,177.39 marking short-term support. The EMA50 at $2,315.04 and EMA200 at $2,445.33 define the bearish structure overhead, yet the MACD golden cross at -24.39 signals building momentum while RSI at 40.71 remains neutral, suggesting any push into the upper band could stall and retrace toward the EMA50 before continuation.