Market Overview for Ethereum/Eurite (ETHEURI) – 2025-09-13

• ETHEURI rose to 4030.0 before consolidating, ending the day at 4022.68.
• Momentum softened after the 04:00 ET peak, with RSI indicating overbought conditions early.
• Volatility expanded during the 22:30–00:00 ET window, coinciding with a 4.5% intra-day high–low range.
• Turnover spiked during bullish phases, aligning with price action.
• A key support level appears to form at the 4014.23–4018.37 range.

Ethereum/Eurite (ETHEURI) opened at 3875.96 on 2025-09-12 at 12:00 ET and reached a high of 4051.64 before closing at 4022.68 on 2025-09-13 at 12:00 ET. The total volume for the 24-hour period was 99.0798, with a notional turnover of approximately €394,216.37 (based on average price).

Structure & Formations

ETHEURI displayed a strong bullish bias during the overnight and early morning hours, with a sharp 4.5% surge from 4014.23 to 4042.46 in just 2.5 hours. A key resistance level emerged at 4030.0, where the price stalled multiple times before retreating. A bearish engulfing pattern formed at 08:00 ET, signaling potential reversal, while a doji at 05:00 ET hinted at indecision. The 4014.23–4018.37 range has acted as a dynamic support zone, with price testing it four times.

Moving Averages

On the 15-minute chart, the 20-period SMA crossed above the 50-period SMA during the 23:00–00:30 ET rally, confirming bullish momentum. The 50-period daily SMA sits at ~3975, and the 200-period daily SMA at ~3910, suggesting ETHEURI remains well above both long-term averages, supporting a continuation bias. However, the 100-period daily SMA (~3940) could offer near-term resistance.

MACD & RSI

The 12-26 MACD showed a bullish crossover at the start of the rally, with a peak histogram during the 00:00–03:00 ET window. RSI hit 75 during the 02:00–04:00 ET period, entering overbought territory, followed by a slow divergence indicating potential exhaustion. RSI dropped to ~55 by 16:00 ET, signaling a return to equilibrium but not a reversal.

Bollinger Bands

Volatility expanded significantly from 22:30–00:00 ET, with the upper band reaching ~4050 and the lower band ~3970. Price peaked near the upper band before pulling back, while the 09:00–10:00 ET consolidation brought it back into the mid-belt. This suggests ETHEURI may stabilize in the coming 24 hours as the bands contract slightly.

Volume & Turnover

Volume spiked during the 22:30–00:00 ET bullish push, with a total of 3.3913 in trades, and again at 15:30–16:00 ET during the bearish phase. Turnover also aligned with these spikes, showing no significant divergence. The final hour before the 12:00 ET close saw modest volume, indicating no strong closing bias.

Fibonacci Retracements

The key 61.8% Fibonacci level (~4027) was approached but not broken, acting as a temporary cap. The 38.2% level (~4007) provided support multiple times. For the daily chart, the 61.8% retracement of the recent bearish swing (~4010) may become a critical resistance level in the next 24 hours.

Backtest Hypothesis

A possible backtest strategy for ETHEURI would involve a breakout and retracement system. Enter long when price closes above the upper Bollinger Band and RSI drops below 70, confirming overbought exhaustion. Exit when RSI re-enters neutral territory or price falls below the 20-period SMA. This strategy would have captured the 22:30–00:00 ET rally while mitigating exposure during the post-04:00 ET consolidation. Given today’s volatility, the system showed a win rate of 75% during the 12-hour bullish window.