ETH price forecast after crypto crash
Ethereum (ETH), often dubbed the “digital silver” next to Bitcoin’s “digital gold,” is the second-largest cryptocurrency by market capitalization. The ETH/USD pair represents Ethereum priced in US dollars and is widely tracked in the forex and crypto markets for price action and trend analysis. Today’s fundamental landscape is shaped by high-impact USD news, with U.S. President Donald Trump expected to speak from the White House and Fed Governor Philip Jefferson addressing economic outlook and supply-side inflation at the Brookings Institution. These speeches could inject volatility into USD pairs, including ETH/USD, especially if hawkish tones suggest tighter monetary policy. Moreover, the University of Michigan’s Consumer Sentiment and Inflation Expectations reports may influence dollar strength. If the data or rhetoric hints at rising inflation or stronger consumer confidence, the USD could appreciate, potentially putting downward pressure on ETH/USD. Conversely, any dovish or uncertain messaging may soften the greenback, offering Ethereum a chance to recover in the short term.
Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h
From a technical perspective, the 4H chart for ETH/USD reveals a sustained bearish trend inside a well-defined descending channel, with Ethereum currently trading at $1900.99—dramatically lower than the +$4800 peak seen just months ago. The price is hovering below both the Ichimoku Cloud and midline of the channel, reinforcing bearish dominance. The cloud is narrow, red, and both leading spans are tilted downward, confirming weak bullish momentum. ETH is currently between key price action levels: a potential support zone marked by the red box ($1700–$1900), and a resistance range highlighted in green ($2100–$2300). The %R indicator sits at -71.08, near the oversold region, hinting at possible short-term consolidation or weak bullish correction. MACD readings are also deeply negative (MACD: -9.55, Signal: -157.15, Histogram: -166.69), supporting the bearish case in this ETH-USD daily chart technical and fundamental analysis. Traders should monitor price behavior near the support area closely, especially with high-impact USD news on deck, as it could trigger strong ETH to USD price action moves.
•DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.
