Technical analysis by persis10t about Symbol ETH on 6/4/2025

persis10t

ETH bulls, keep your eyes on this, We’ve seen this play before: RSI breakout → Price breakout That’s exactly what happened back in April — a clean move that led to a strong rally. Now we’re approaching a similar RSI structure... Two potential scenarios ahead: If RSI breaks out upward again, expect ETH to revisit higher zones like $3,150+ If RSI rejects from the trendline, downside toward $1,850–$1,550 isn’t off the table RSI is often the early signal — use it to anticipate the move before the price confirms.As alerted earlier, RSI has been rejected from the resistance trendline we highlighted, signaling potential volatility in the ETH price. ETH dumped nearly 10% after that rejection, validating the technical setup. ETH is now a crucial driver for the altcoin market, so all eyes should be on its next move.