Ethereum’s Struggle: Is It Ever Going to Catch a Break?

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It’s been a long road for Ethereum, and it’s still stuck in the mud. According to some so-called “experts” (who probably don’t want to admit they’re wrong), Ethereum’s chart is looking like a bad day at the races, with lower highs sprouting up like weeds in a neglected garden. It’s the kind of bearish pattern that screams, “No, there’s no magical trend reversal coming anytime soon.”

MakroVision – who is apparently watching this from the sidelines with a clipboard and a frown – says Ethereum remains trapped below those critical red trend lines. Fancy, right? And don’t even get started on that mythical “bullish movement.” They’ve been waiting for it like people wait for rain in the desert, and it’s still not showing up.

Let’s Talk About the Overachievers: Bitcoin and Solana

Now, you’d think Ethereum might have something going for it after bouncing back from the deep $1,400 trenches. But nope. Compared to the all-stars like Bitcoin (BTC) and Solana (SOL), Ethereum’s bounce is the financial equivalent of a limp handshake. MakroVision, still on their soapbox, points out that Ethereum’s got a mountain to climb before it can show anything that resembles a rally. Oh, and breaking above those recent lows? That’s probably the first step to a halfway decent recovery.

📉 Ethereum’s dragging its feet – Where’s the power?

While other altcoins have danced their way back from the ashes, Ethereum still seems stuck in the mud. No signs of a trend reversal yet. The low-high pattern keeps coming, like an old record stuck on repeat…

— MakroVision Research (@MakroVisionDE)

To be fair, Ethereum has managed to get its act together enough to reclaim $1,730. But don’t get too excited. The real challenge now is breaking through those higher resistance levels to prove that this isn’t just another false dawn. Come on, Ethereum, we’re all rooting for you… kind of.

Watch These Levels for Your Next Big Move

MakroVision has given us some fancy levels to keep an eye on. If you’re into that kind of thing, here’s what you need to know:

  • $1,730 – A make-or-break level for short-term stability. Cross your fingers, folks.
  • $2,132 – If Ethereum can clear this, it might just throw a party and invite the bulls.
  • $2,370 / $2,410 – The “Sorry, you can’t go any higher” zones. Can Ethereum break them? No one’s holding their breath.

If Ethereum can break above $2,132, well, now we’re talking. That could open the floodgates for a new bullish wave. But until then? It’s like watching a turtle try to outrun a cheetah, while the other altcoins have already left the starting line.

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2025-04-26 15:12