
{"id":56257,"date":"2025-04-02T12:06:20","date_gmt":"2025-04-02T12:06:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56257"},"modified":"2025-04-02T12:06:20","modified_gmt":"2025-04-02T12:06:20","slug":"whats-next-for-eth-after-10-weekly-decline-ethereum-price-analysis","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56257","title":{"rendered":"What\u2019s Next for ETH After 10% Weekly Decline? Ethereum Price Analysis"},"content":{"rendered":"<p>Ethereum is attempting a recovery after bouncing from the $1,800 zone, but the price remains trapped below key resistance, and the broader trend is still bearish. Short-term momentum has improved slightly, but upside continuation remains uncertain.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>By <a href=\"https:\/\/crypoptionhub.com\/authors\/\" target=\"_blank\" rel=\"noopener\">Edris Derakhshi<\/a><\/p>\n<h3>The Daily Chart<\/h3>\n<p>The daily chart shows ETH stabilizing around the $1,900 area following a sharp rejection from the $2,200 zone in late March. The asset remains well below the 200-day moving average, which continues to slope downward around the $2,800 region, confirming bearish market structure on a macro level.<\/p>\n<p>The most recent bounce has taken the price back into the $1,900 resistance zone, but the buyers are yet to show strong follow-through. The RSI is also rebounding from oversold levels, suggesting short-term relief, but there is no bullish divergence or momentum breakout to support a sustainable trend reversal. A decisive daily close above $1,950\u2013$2,000 would be the first signal that buyers are regaining control.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETHUSDT-Daily-Apr-2-2025-scaled.jpg\"><\/a><\/p>\n<h3>The 4-Hour Chart<\/h3>\n<p>On the 4-hour timeframe, ETH is trading within a horizontal consolidation pattern, with the lower boundary at $1,800 and the higher one near the $2,200 region. After the recent sell-off, the price rebounded into the $1,900 supply zone but faced immediate resistance and is now pulling back slightly.<\/p>\n<p>Moreover, RSI hit near-overbought conditions during the bounce and is now cooling off, indicating potential consolidation or another retest of the $1,800 area. If ETH fails to break out above the higher boundary of the pattern, another leg down to sweep the $1,780\u2013$1,750 liquidity becomes more likely. A confirmed breakout above $2,200, however, would invalidate the pattern and suggest a short-term bullish reversal.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETHUSDT-4H-Apr-2-2025-scaled.jpg\"><\/a><\/p>\n<h2>Sentiment Analysis<\/h2>\n<p>By <a href=\"http:\/\/tradingrage.com\/\" target=\"_blank\" rel=\"noopener\">Edris Derakhshi (TradingRage)<\/a><\/p>\n<h3>Exchange Reserve<\/h3>\n<p>Ethereum\u2019s exchange reserve has continued its multi-month downtrend, now reaching a new low of around 18.3M ETH held on trading platforms. This persistent decline suggests long-term holders and institutions are moving assets into cold storage or staking, reducing immediate sell pressure.<\/p>\n<p>Despite the bearish price action, the supply on exchanges is not increasing, which historically has acted as a bullish divergence when accompanied by reversal structures. The low reserves may act as a supply constraint once demand re-emerges, but for now, the lack of bullish momentum means this on-chain trend is supportive, not decisive.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Ethereum-Exchange-Reserve-All-Exchanges-scaled.jpg\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/whats-next-for-eth-after-10-weekly-decline-ethereum-price-analysis\/\">What\u2019s Next for ETH After 10% Weekly Decline? Ethereum Price Analysis<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum is attempting a recovery after bouncing from the $1,800 zone, but the price remains trapped below key resistance, and the broader trend is still bearish. Short-term momentum has improved slightly, but upside continuation remains uncertain. Technical Analysis By Edris Derakhshi The Daily Chart The daily chart shows ETH stabilizing around the $1,900 area following [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":56258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56257"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56257"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56258"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}