Ethereum looks headed higher as it consolidates after a huge move up, with its RSI resetting below where the move began, even while absorbing the bearish blows of the CLARITY Act's failure and rate hikes. x.com 

Ethereum's upside looks worth the bet because the payoff to its prior high is much larger than the downside, and buyers still respond to good news. There is roughly 16% down to $1,950 versus a little over 2x back to the prior all-time high. LIT caught a sharp bid around its US regulatory plans, and CHIP rallied 40% around a $1 million buyback; that response looks like a bull-market sign. x.com 

Ethereum faces further downside as smart money sells into strength during distribution. A move toward $2,070 comes first; a break there puts $1,800 in view, with a possible local bottom near $1,600-$1,700 where liquidity sits. Until that sweep, bounces are for selling; a real reversal comes only afterward. x.com 

ETH looks desperate to go higher and benefits most if the Clarity Act passes. Surprise progress, helped by an ethics agreement, could pass it this year if tomorrow's cloture vote wins a majority, though much must go right and prediction markets still price it as unlikely. A hike at Wednesday's FOMC, likely dovish and one-and-done, would clear the last bad news. BTC and ETH have reset indicators by chopping after legging up. Even if a deeper wick comes first, dips are for buying. x.com 

Buyer pressure is returning in Ethereum, as it did ahead of the last reversal. The Cryptic Pressure Engine flags that pressure again, supporting an expectation that ETH will soon find a bottom and turn higher; the bottom has not yet been confirmed. x.com  x.com 

Ethereum looks likely to move down toward a major liquidity cluster around $2,615, since there is very little liquidity above. x.com 

Ethereum is leading Bitcoin on rising liquidity and risk appetite, having already formed a higher high. On the weekly chart, clearing the 0.618 Fibonacci level at $2,535 opens a smooth path toward the 0.786 level and Ichimoku cloud resistance at $3,300+, where a first major correction or consolidation is expected before new highs. x.com  x.com 

Bitcoin and Ethereum's pullback is a nothing burger meant to shake people out, and this phase will lead to the next breakout higher. Bears are doubling down on shorts, with open interest rising while funding rates have turned negative. x.com 

Ethereum Foundation selling is the best sell signal in crypto: the last time it sold, ETH dropped 9%. x.com 

Ethereum has a real chance this cycle to break out of the range it has traded in for five years. Reclaiming and holding above $5,000 would confirm the breakout and could trigger a massive expansion, with $10,000 only the beginning. ETH/BTC is holding near multi-year lows while ETH presses toward the range highs, spot demand is improving, supply at $4K–$5K is being tested repeatedly, and the wider crypto market is moving into a stronger risk-on phase. x.com