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$ETH has broken a key support zone.
On the lower time frame, it is in a downtrend.
On the higher time frame, it is in an uptrend.
The bottom was touched in April 2025.
Currently, it is looking for support on the higher time frame to reverse back to an uptrend.
What should we pay attention to?
- The important support zone between 0.025-0.0265 BTC is a critical level. The best part: the recent correction has already gone more than halfway to that level!
- Breakout back above 0.0325. Less likely, but that zone would signal a strong breakout and a clear continuation of the uptrend.
Anyway, I believe that $ETH will outperform Bitcoin significantly in the near future, and I am very happy to accumulate more Ethereum.