ETH/USD is struggling to break above 7-DMA and is currently trading at 10.45 levels at the time of writing (Kraken).
Ichimoku analysis (Daily chart):
Tenkan-Sen: 10.54
Kijun-Sen: 9.84
On the upside, a decisive break above 10.66 (7-DMA) would see the pair testing 10.77 (200-DMA)/11.19 (January 23 high).
Momentum studies suggest further weakness in the trend, as RSI (14) is at 58 with lower bias and bearish crossover of MACD.
On the flip side, the pair has taken support near 10.25 (21-DMA) and a break below would drag it to 9.93 (61.8% retracement of 9.16 and 11.19)/9.72 (90 EMA)/9.47 (lower Bollinger).


FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900




