ETH Ready to Pop? (Or Not? 🤷‍♀️)

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Right, so Bitcoin‘s having a bit of a wobble, isn’t it? All over the shop. But Ethereum, bless its little cotton socks, seems to be clinging on. While everything else is tanking, $ETH is actually up. Fancy that. Teasing that $2,700 resistance like a naughty schoolgirl. Will it finally shag it into oblivion, or is it just another tease? I swear, crypto’s more frustrating than dating.

ETH/USD at critical juncture

Let’s get straight to it, shall we? $ETH, the bridesmaid to Bitcoin’s bride, is at a crossroads. Again. It’s been bouncing around like a toddler on a sugar rush for weeks, and now it’s right at the top of its little playpen. If the “bulls” (whoever they are – sound like a dodgy dating app) can shove the price past that $2,750-$2,900 wall, maybe, just maybe, $ETH can have a little lie-down and consolidate. You know, catch its breath before the next inevitable drama.

$ETH confirms breakout against $BTC pair

Ooh, things are getting spicy! On the 4-hour chart, $ETH/BTC has apparently “penetrated” a descending trendline. Sounds a bit rude, doesn’t it? Anyway, it’s had a little test (cheeky!), and now it’s consolidating above. A “higher high” has been made. Good for it. But hold your horses, because on the weekly chart, the Stochastic RSI thingamajigs are maxed out. Which means… more waiting. God, I hate waiting.

Huge task confronts $ETH bulls against $BTC

Zooming out to the weekly chart, and suddenly the scale of this whole thing hits you. $ETH is up 40% against $BTC recently, which sounds impressive, until you realize it’s just a drop in the ocean. A tiny, insignificant drop.

Look at that resistance level. It’s like the Great Wall of China, but for crypto. The bulls have to start somewhere, I suppose. If they can actually break through this thing, the next hurdle is 0.03 BTC. They’ll need more than luck, darling. They’ll need a miracle. And maybe a stiff drink. 🍸



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2025-06-10 20:41