Ethereum Is Waiting to POP… But Watch This First
Автор: Butter Smooth Crypto
Загружено: 2026-06-02
Просмотров: 166
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Ethereum price prediction, ETH technical analysis, crypto market levels, support and resistance, and Fibonacci targets are the focus of this livestream breakdown.
In this video, we break down Ethereum ($ETH) on the weekly timeframe using Coinbase data and key technical levels. Crypto Papi walks through ETH’s long-term trendlines, major Fibonacci levels, resistance zones, downside risk, and why Ethereum may be setting up for a major move.
Ethereum is currently sitting below the 0.236 Fibonacci level at $2,219.18, which is a major level ETH needs to reclaim if bulls want momentum back. The analysis also highlights a strong resistance box between $2,431.79 and $2,520.09, with upside targets near $3,583.50, $4,183.52, and a possible long-term 1.618 Fibonacci target around $7,155.04.
But there’s still risk. If Ethereum fails to reclaim resistance, the chart shows possible downside toward the support trendline near $1,588.84, and deeper danger near the $1,376.30 Fibonacci low.
This video was taken from our May 30, 2026 livestream, where @cryptopapi_mike handled the technical analysis.
Watch the full livestream here:
https://www.youtube.com/live/OVQ4Pbvn...
CHAPTERS
0:00 Ethereum intro
0:25 Weekly timeframe setup
0:45 Long-term trendline resistance
1:25 ETH support trendline
2:05 Key Fibonacci levels
2:45 Why $2,219 matters
3:35 Resistance box to watch
4:35 Upside ETH targets
5:35 Downside risk levels
6:35 Why Ethereum could still be bullish
7:30 Higher low, higher high setup
8:15 Final thoughts on ETH
Drop a comment: Do you think Ethereum breaks above resistance soon, or does ETH retest support first?
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X: @jjbuttersmooth
Co-host: @cryptopapi_mike
Instagram: @buttersmoothcrypto
⚠️ Disclaimer: This content is for educational and entertainment purposes only. This is not financial advice. Always do your own research before making any investment decisions.
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