ETH Technical Analysis ETH has already made a higher high compared to BTC. After such a significant rise, it’s now hitting a critical resistance level. Here, we’ve got a trendline break and retest, along with multiple resistances from the 3-day EMA 200 and weekly EMA 200. So, I think we might see some sideways consolidation here, with stop hunts both up and down before continuing the breakout. A fake breakout to the upside could trap longs, followed by a fake breakdown to fill the lower FVG gap, and then continue breaking upward. I feel like this could resemble the price action we saw around May-July 2025.