{"content":"🔥 Ethereum Coils Beneath Resistance — Accumulation Hints at Explosive Move Ethereum (ETH) has a bullish structure with Higher Highs (HH) and Higher Lows (HL), an indication of upward momentum. After this upward surge, ETH has entered an accumulation phase right below a critical resistance zone, signaling the market is consolidating before its next breakout. Ethereum is retesting the 50 EMA and 100 EMA confluence zone, a historically high demand area. This overlap of exponential moving averages typically functions as dynamic support, and the Stochastic RSI recovering from oversold position may signify a momentum change. The expert says that ETH may test the upper resistance zone or break out if it holds this accumulation zone and EMA support. Volume confirmation and continuation patterns may help traders confirm any positive move. Failure to hold this zone may signify weakness and lead to a larger downturn, perhaps pulling Ethereum into lower support levels that were stabilizing zones. This would temporarily change market structure and increase selling pressure. Ethereum's next move will depend on whether bulls can defend the EMAs or bears take over and force a breakdown. Levels to Watch for ETH Breakout Ethereum may rise strongly if it breaks above the accumulation zone and EMA confluence. Initial breakout trigger point is the $2,858 resistance zone that has stopped recent increases. A clear break above this region, particularly with increased volume, would indicate bullish intent. After that opposition is overcome, the $3,360–$3,659 range, a short-term supply zone, may cause mild friction. Pushing beyond that might reach $4,100 psychologically. If momentum picks up, $4,863 may be next. #BlackRockETHPurchase #ETH #TrumpVsMusk #TrumpTariffs #MarketPullback $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/e23c5b78620b4e6793e48838f5edf5e7.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}