ETH is also overbought here, but not as overbought as Bitcoin, which may mean that there may be a slightly more upside in ETH if BTC can hold up. Let's unpack the key levels and indicators to watch.
TLDR
- ETH rejected at the $1,823-$1,853 resistance zone.
- RSI is overbought but not as extended as BTC.
- A very positive funding rate indicates bias for longs.
- The uptrend support is intact, but expect consolidation if BTC retraces.
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. “One Glance” by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. They are not signals, and they are not financial advice.
Technical analysis
ETH remains well above its main uptrend line (thick yellow line). It is now trying to build support above the $1,745 horizontal resistance. However, ETH rejected in the resistance zone between the horizontal levels of $1,823 and $1,853. So, it has not been able to clear above more significant levels - unlike BTC.In the short term, you’d want to see ETH hold above the $1,745 horizontal level and turn that into new support. We are just watching this for now and waiting for a breakout of the range. Local support is $1,745, with local resistance at $1,853.
RSI and funding rates
The RSI is in overbought territory. But, at 72, it is nowhere near as hyper-extended to the upside as BTC is. For now, there aren’t any major divergences to be aware of.In terms of funding rates, ETH has a very positive funding rate. Even though this has come back slightly, it's still very positive, indicating there is a strong bias to long rather than short.
ETH Weighted Funding Rate
Cryptonary’s take
“Like the rest of the market, ETH is overbought here, and fresh longs shouldn’t be encouraged. ETH is undervalued today compared to where it’ll likely be in the bull run. However, if BTC can see a slight pullback, we should expect ETH to do the same”.This was yesterday’s conclusion, and it remains very relevant today. If BTC can hold up, ETH can retest $1,823 to $1,853, but if BTC pulls back, we expect that this will drag ETH back also.
Action
- ETH has rejected in the resistance area of $1,823 to $1,853.
- Longs shouldn’t be encouraged here just because of how overbought the market is in general.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
