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This Ethereum technical analysis shows bulls are fine

Ethereum is described as technically constructive on the 4-hour chart, with bulls still in control as long as ETH holds above key support at 1,747 and the higher-timeframe anchored VWAP zone near 1,686. The article frames the setup as a short-term bullish repair within a broader weekly channel that has existed since mid-2022. Upside interest is centered near 1,845, while a pullback toward 1,757 is presented as a better risk-reward entry than chasing strength. A sustained move below 1,669.20 would weaken the bullish thesis. The broader market backdrop is risk-on, which the author says may be supporting crypto.

Category

Ethereum

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min