Ethereum: Reclaims $2,000 Level

Ethereum climbed back above $2000 to trade at $2093.04.

The 4h chart displays a bullish trend structure with price holding above both EMA50 at $1912.17 and EMA200 at $1875.9. Momentum remains strong as MACD prints a golden cross at 32.11, yet RSI(14) at 87.8 signals overbought conditions while price tests upper Bollinger resistance at $2038.76. With price testing upper Bollinger resistance while RSI flashes overbought, a healthy retracement to the 50-EMA support at $1912 seems probable before further continuation.