Ethereum Nears Breakout as $1 Billion in Liquidations Build — What’s Next for ETH Price?

Crypto markets

RSI on the daily chart is hovering near the neutral 50 level, showing no momentum extreme and confirming that ETH is in a wait-and-see phase rather than an overbought or oversold condition. A push in RSI above 60 would likely accompany a breakout above $3,300–$3,350, signaling bullish continuation. Conversely, a drop below 40 would align with a breakdown below $2,950–$2,900, increasing downside risk.

At the same time, Chaikin Money Flow (CMF) remains slightly positive, indicating mild capital inflows even as the price compresses inside the triangle. This suggests quiet accumulation rather than distribution. If CMF stays positive during a breakout, ETH could accelerate toward $3,500–$3,600. However, a flip into negative territory would support a downside flush toward $2,700–$2,600.

Together, neutral RSI and positive CMF reinforce that ETH is coiled at a decision point, with indicators supporting a reactive trade based on price confirmation rather than anticipation.

Bottom Line

Ethereum is nearing a critical turning point. With over $1 billion in liquidations positioned on both sides and price compressing inside a symmetrical triangle, the next move is likely to be sharp and decisive. ETH is not trending—it is coiling under heavy leverage. A confirmed break above $3,300–$3,350 could trigger a short squeeze toward higher resistance, while a drop below $2,900 risks a rapid long flush. For traders, patience is key. The edge lies in reacting to confirmation, not anticipating direction.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.