Ethereum’s price action produced a strong bull signal. ETH has skyrocketed past the $3,000 mark, months after the $2,500-$2,800 consolidation, with an increased volume and steady momentum rising. The rarely seen technical signal formation is a 100-day EMA cross over 200 days, even more bullish than just breakouts.
The traditional golden cross, with a 50-day EMA crossing over the 200-day EMA, is the focus of most traders’ attention, but the 100/200 cross is a totally different animal. It shows not only medium-term bullishness, but also the potential for structural changes in long-term trend trajectories.
The 100/200 EMA crossover in the stock and cryptocurrency markets only happened at a significant turning point in the past, but continues with a long-term decline that takes months to recover. A 50-day EMA is important as it is very sensitive to shorter swings and can lead to false positives when conditions are interrupted.
Much of that noise is muted by 100 days of EMA. This bends the slope upwards only after long-term directional movement. It also shows that long-term investors are re-entering into the market and making a consistent capital commitment when they ultimately surpass the 200-day EMA. Prices are now well above the 50-day, 100-day and 200-day EMA, so it’s clear that ETH has regained control of all the major moving averages on the chart.
The strong excess momentum that is typical in the early stages of a critical bull transition is reflected in the hovering of the RSI. As a result, the current movement is different from the false breakouts that occurred in late 2024 and early 2025.
There is currently a technical debate that the larger Ethereum Bear Phase is over now, as the 100-day EMA is about to exceed 200 days. If a crossover is confirmed within the next few weeks, ETH may be preparing for the long term in the $3,500-4,000 range. However, it is important to note that a resistance level of $3,200 will make traders profitable. This is to determine whether the breakout will turn into a real, long-term trend shift or another failed rally.
