Ethereum Price Analysis: ETH Warning as Bearish Structure Persists Despite Recent Relief Bounce

Ethereum remains under broad pressure across higher timeframes, with the price still trading well below its major moving averages and inside a dominant bearish market structure. While the recent rebound from the February lows helped ETH stabilize around $1,900, the charts still suggest that buyers are struggling to reclaim any meaningful resistance, keeping the short-term outlook cautious for now. Ethereum Price Analysis: The Daily Chart On the daily chart, ETH continues to trade beneath both the 100-day and 200-day moving averages, which are still sloping downward and confirming that the broader trend remains bearish. The asset is also respecting the descending structure that has been in place for months, and every recovery attempt so far has failed before reaching a proper trend reversal point. The market is currently hovering just above the key blue support zone around $1,800, which has acted as the main floor after the sharp February selloff. At the same time, the upside remains capped by clear resistance levels at around $2,400 and then $2,800. Even though ETH managed to bounce from the local lows, the recovery has been weak and lacks strong continuation, which suggests that sellers are still active on rallies. As long as the asset stays below the descending resistance and especially below the $2,400 area, the current move looks more like a relief rebound inside a broader downtrend than the start of a sustainable reversal. ETH/USDT 4-Hour Chart On the 4-hour chart, ETH recently pushed into the $2,150 resistance region but got rejected quickly, forming a local lower high and confirming that this level remains an important ceiling in the short term. The RSI also printed an overbought signal near that rejection. Since then, the price has drifted back toward the mid-range around $1,950, showing a lack of aggressive buying interest after the failed breakout attempt. This leaves ETH trapped in a relatively tight short-term range, with $1,800 still acting as the ke...