ETH USD recovery along the way: What are traders looking at?

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Much of the turmoil in the East caused a sharp drop in ETH USD and the global crypto market over the weekend. Important levels must break before the bull can cheer, but an attempt to recover is ongoing. And of course, all we really want is global peace. Please follow while analyzing the charts below.

$ eth Major bouncing off all the fluidity that has been built over the past few weeks.
So far, it’s been a really good response. From here on, we hope to hold $2.3,000 in support for the future. If you can do that, you can assume that this is deviaton and range retake. pic.twitter.com/h2hmvl9nr0
– Daan Crypto Trades (@daancrypto) June 24, 2025

Dahn’s analysis is very close to mine. I usually choose a post that shows something different, but his paper doesn’t have much technical explanation. When analyzing the following chart, we will investigate the reasons:

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ETH USD price volatility: a technical analysis of the latest movements

(ethusd)

See last week’s article here. I purposely keep all the drawings in the charts and haven’t added anything. This is a good exercise when learning to do technical analysis. The pair successfully fills both FVG zones and starts the week with great force. Can the bull continue to gain momentum?

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How is ETH USD shaped on your daily charts?

Technical Analysis on ETH USD - Insights from the latest price movements and indicators, such as moving averages, RSI...

(ethusd)

In the daily time frame, the price movement of ETH USD looks pretty good. The RSI is below, and you need to regain the bullish upper half. The MA100 was beautifully retested and closed yesterday with a bullish siege candle.

Now we’re heading towards the MA50 and MA200, and we need to get back the MA200 before we see the bigger moves of the ALT. Overall, the structure here remains bullish.

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(ethusd)

4H charts offer another interesting perspective. The RSI became prone to being sold and quickly recovered to the upper half. We are still under all MAs here and definitely want to go up.

The reaction from the FVG gap looks like a V-shaped recovery. This is a strong bullish indicator. We haven’t left the water yet. Now it’s too late to get into position. I’d like to wait for that and see what the market will do next.

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