ETH/USDT Daily Timeframe Analysis — 2026-09-04

Saved to database — analysis ID db9bbb89-a2d4-4d1a-a40b-716f866adde2

Macro Trend: Bullish (Intact)

• Price: $2,452.54 (−2.19% on the day)
• EMA stack fully bullish: 20 EMA $2,346 > 50 EMA $2,153 > 200 EMA $2,023; price +21.2% above the 200 EMA
• Performance: +2.5% weekly, +28.8% monthly, +45.1% over 3 months
• Higher highs/higher lows since the ~$1,880 base; the two-week breakout (+19.8%, then +11.3% weeks) drove price to the cycle high at $2,566.53, followed by a consolidation phase

Weekly Structure

Current week: 2370–2547 range, close currently $2,452 — holding above the breakout zone (2330–2360). The prior week printed −4.6% (range 2356–2566), a pullback within an intact uptrend, and the current week is recovering (+2.5%). Weekly closes above $2,390 keep the structure bullish.

Key Levels

Resistance: 2530.67 (prior day high) → 2546.66 (week high) → 2566.53 (cycle high — breakout trigger) → 2600 (round number) Support: 2370.35 (prior day low) → 2387 (prior week low) → 2355.71 (14-day swing low) → 2333 (breakout origin — structural invalidation) → 2250 → 2153 (50 EMA)

Reversal Check

No reversal confirmed. RSI 45.3 (neutral, reset from overbought), MACD positive but flattening, volume declining into the pullback (consolidation, not distribution). Structure only breaks on a daily close below $2,333.

Guidance for 4h Runs

• Bias: long above $2,370; primary entry zone is the 2370–2400 demand shelf
• Upside confirmation: reclaim of 2530–2546 with volume → targets 2566 breakout and 2600+
• Invalidation: daily close below 2333 → 2250 / 2150 (50 EMA)
• Scenarios: continuation 60% vs reversal 40% | Confidence: 0.70

Data source: Binance 1d klines (260 candles). No data gaps; runtime context (prior day/week levels) matched fetched data.