Market Overview for Ethereum/Eurite (ETHEURI) – October 25, 2025

• Ethereum/Eurite traded in a range-bound pattern, with a 24-hour high of 3,382.12 and a low of 3,367.32.
• Momentum waned as the price closed near the lower end of the range, suggesting bearish pressure.
• Volume was unevenly distributed, with a sharp drop-off in the final hours of the session.
• A potential short-term support zone emerged around 3,378.71–3,380.49, based on multiple closes and lows.
• No significant overbought or oversold RSI readings were observed, but MACD divergence suggests caution.

Price and Volume Summary

Ethereum/Eurite (ETHEURI) opened at 3,365.10 at 12:00 ET – 1, and traded between 3,367.32 and 3,382.12 over the 24-hour period, closing at 3,382.12 at 12:00 ET. Total volume amounted to 113.29 (amount) with a notional turnover of approximately 399,658.14, assuming a weighted average price of ~3,530. The asset appears to have been consolidating within a defined range, with intermittent attempts to break out, but without sufficient momentum to maintain a directional bias.

Structure & Moving Averages

On the 15-minute chart, Ethereum/Eurite tested key support and resistance levels within the 3,365.1–3,382.12 range. A bullish engulfing pattern emerged at 19:15 ET when the asset broke out to 3,385.85, followed by a bearish reversal at 21:15 ET to 3,378.71. The 20-period and 50-period moving averages on the 15-minute chart suggest a neutral bias, with the price hovering between the two. On the daily chart, the 50 and 200-period moving averages remain aligned in a bullish configuration, indicating long-term buy-side potential.

Momentum and Volatility

Momentum appears to have weakened in the latter half of the 24-hour period, with multiple doji and spinning top candles indicating indecision among traders. The price spent most of the session inside a narrow Bollinger Band range, contracting volatility toward the 3,380.49–3,385.53 corridor. This suggests traders may be anticipating a breakout or reversal in the near term, though no clear RSI overbought or oversold conditions were observed.

Fibonacci and Backtest Readiness

Fibonacci retracements from the most recent swing high (3,389.12) and swing low (3,365.1) indicate key psychological levels at 3,378.71 (61.8%) and 3,375.3 (38.2%). The price appears to have found short-term support at the 61.8% retracement level, which could act as a floor for the next 24 hours. These levels may serve as critical decision points for both trend-following and reversal-based strategies.

Backtest Hypothesis

Prior to executing a MACD and RSI-based backtest for ETHEURI, it’s essential to confirm the ticker symbol and exit rules. The symbol “ETHEURI” was used in this analysis, but it may differ from the format used by the data provider. If a discrepancy exists (e.g., “ETHEUR” or “ETH-EUR”), adjustments to the backtest setup will be necessary.

Regarding the exit rules, the proposed strategy—“sell on MACD death cross or RSI overbought”—lacks a defined short-covering or position-closing rule. To proceed with the backtest, we need to establish a clear exit logic. For example: should the position be closed on the opposite signal (MACD golden cross or RSI underbought), or should a fixed holding period or stop-loss be applied? If no preference is expressed, I will implement a reasonable default, such as exiting on the first reversal signal or using a 10% stop-loss and 5% take-profit. Clarifying these will ensure the backtest accurately reflects your intended strategy.