ETH Daily Playbook
Ether is trading at 2,416.27, holding above both the rising 50-SMA (2,217.36) and 200-SMA (2,064.84), keeping the broader trend structurally constructive with price sitting 17.02% above the long-term average. Momentum, however, is cooling: RSI at 51.77 is neutral, and MACD at 57.89 has slipped below its signal at 83.46, pointing to a loss of near-term upside thrust even as the primary trend remains intact. Immediate support sits at the 50-SMA near 2,217, with deeper structural support at the 200-SMA around 2,065; overhead, price needs to reclaim momentum and push through the recent local highs to reopen the upside. The setup favors a pullback-and-hold approach — a stabilization near 2,217 with RSI turning back above the mid-50s and MACD curling back toward its signal would be the trigger consistent with trend continuation. The thesis weakens on a decisive daily close back below the 50-SMA and fails outright if 2,065 gives way, which would neutralize the multi-month uptrend and shift control to sellers.