Bridget Jones-Style Drama: Ethereum’s Big Decision

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Ethereum is trying to stabilise after a pullback that didn’t exactly win any beauty pageant. The recovery feels more like a clearance sale than a triumphant return, and it keeps blushing at key levels while higher-timeframe risks linger like a persistent ex who never quite leaves the group chat.

No 5-Wave Breakout, No Confirmation For Ethereum Yet

Ethereum is flirting with technical vulnerability, darling. More Crypto Online says we won’t get a proper up‑move until we see a clean five-wave impulsive structure to the upside, or at least a decisive pop above the weekend high. Without that glow of confirmation, the broader risk mood hasn’t decided to take up residence in the sunlit uplands just yet.

The bounce from last week’s low, while noticeable, wears the air of a polite shrug. Momentum hasn’t blossomed into the sort of bullish romance you’d write home about, and the pattern reads more like a cautious counter‑trend within a bigger bearish or sideways saga.

Still, the current chart region is technically dramatic in a “don’t mess with me, I’m important” way. After the liquidation‑driven stumble, price has stumbled into a zone where markets like to pretend they’ve found their footing. Sharp flushes can signal exhaustion, so it’s reasonable to stay alert for early reversal cues-especially if investors have already strapped on their pessimism like a winter coat.

But as More Crypto Online reminds us, anticipation is not confirmation. The micro‑structure is the new dessert course: only a move into impulsive upside or a clean break of key resistance would make the low feel like a proper fashion‑week victory rather than a mere teaser.

$2,100 Rejection Signals Resistance Flip

On the daily chart, Luca, our market confidant with the calm of a spa day, notes that while price has managed a bounce on shorter timeframes, it’s run smack into a former support around $2,100-now repurposed as resistance after the latest wobble. It’s the financial version of leaving a party and discovering the door won’t open again for you.

The failure to reclaim that zone implies upside momentum remains fragile. Until Ethereum can decisively flip the $2,100 area back into support, the structure leans toward caution rather than calling the bottom with a confetti cannon.

Thus the more probable path, in Luca’s view, is a continuation lower toward the higher‑timeframe green zone. That area lines up with an early‑April bottoming pattern and could give a sturdier foundation for a more durable bullish attempt later-preferably one that doesn’t require a succession of champagne flutes to feel confident.

Given this outlook, Luca says he’s hedged on lower timeframes to manage downside exposure. Until clear strength emerges and key levels are reclaimed, protecting capital remains the priority, darling.

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2026-02-13 05:50