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Ethereum was wandered by persistent impulse down, And even a brief -term rally will not be enough to vary the broader trend immediately. The way it looks, the ETH price is now a very important technical moment, with the crypto analyst Tony “The Bull” Severino warns of a possible conclusion under a big long-term indicator.
With just a number of days in the primary quarter of 2025, Severino went to the social media platform X in an effort to highlight the results of Ethereum's position in comparison with his 3 months Bollingen band base. Which could mean trouble.
Ethereum is within the quarterly timeframe diagram of a technical threat
The crypto analyst Tony “The Bull” Severino has grounded the alarm in Ethereum's quarterly diagram. In A Recent contribution on The social media platform X, Severino, Severino identified the 3-month basis of the Bollinger band and said that Ethereum's price was in peril of concluding. In the second quarter, lower than per week stays, and the analyst warned: “There are still seven days to save lots of Ethereum before closing the 3M Bollinger band base. If it loses it, look down down.”
The 3M Bollinger band is a version of the usual indicator for Bollinger tapes which can be applied to a 3-month diagram (quarterly). In this case, each candlelight stick within the table represents three months and covers the worth behavior of the ETH from a protracted -term perspective. Speaking of long-term price campaign: The Ethereum / US dollar 3 month index shared by Severino shows that the Altcoin has been traded inside this Bollinger tapes since July 2022.
Source: Tony Severino on X
As shown in the next price diagram, Ethereum is Currently the trade to the lower Bollinger band, which is just around the worth level of two,000 US dollars. Interestingly, the present candlelight, which has only a number of days before the closure, is highlighted by a lower wick below the lower gang. This means the Ethereum Prize is already broken below The Bollinger gang for a short while this quarter, but just one closure underneath could quickly seal the deal.
What a breakdown under the band could mean the worth of the ETH
When Ethereum closes under the Bollinger band, it undoubtedly signals an in -depth wave of the bear impulse, which could exceed its current defective price campaign. The cryptocurrency could completely lose the psychological price threshold of two,000 US dollars and lose many levels of support of as much as $ 1,500 in front of a powerful back rim. Tony Severino noticed that there have been only seven days Left to save lots of Ethereum From closing under the 3M Bollinger band and avoid a bearish potential.
In one other post The analyst expanded the results of the present structure of ETH to X. Many investors hope for a rapid rebound and a return to all -time highs, but warned that such an optimistic run may take a protracted time.
Every short -term bullish trend will not be enough to reverse the larger downward trend that has developed for 12 months. A wise structural change Require Over several quarters, not only a brief -term jump. “Think in quarters, not in months, weeks or days,” he said.
At the time of writing, Ethereum is $ 2,052.
ETH trade with $ 2,065 within the 1D diagram | Source: Ethusdt on tradingview.com
Selected picture of iStock, diagram of tradingview.com
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