24/7 SUPPORT
Download App
Published: 5 June 2026,06:02
Chart The Market
ETH, H4:
Ethereum has come under intense selling pressure, with the cryptocurrency extending its decline and approaching its lowest level since February. The persistent weakness reflects strong bearish momentum and suggests that sellers remain firmly in control of the near-term market direction.
The recent breakdown has significantly weakened Ethereum’s technical structure, increasing the likelihood of further downside movement as market sentiment remains cautious. With key support levels continuing to come under pressure, ETH appears vulnerable to an extension of the current bearish trend.
Attention is now shifting toward the critical liquidity zone near the $1,540 level, an area that previously served as a major turning point during the April 2025 market cycle. This support region is likely to attract increased market interest, as liquidity zones often become focal points for both profit-taking and renewed buying activity.
Should ETH continue its decline toward this area, the cryptocurrency may be poised for a technical rebound, particularly if buyers emerge to defend the historical support zone. Such a rebound could help alleviate some of the current selling pressure and trigger a short-term recovery.
Resistance Levels: 4518.30, 4638.20
Support Levels: 4374.10, 4248.50
XAGUSD, H4
Silver has been trading within a lower-high price structure, indicating that bearish momentum remains dominant despite the recent consolidation phase. The formation of successive lower highs suggests that buyers continue to face difficulty sustaining upward moves, while sellers remain active on rallies.
Recent price action also shows volatility gradually contracting, which often precedes a significant directional move. Given the prevailing bearish structure, the narrowing trading range could signal an impending downside breakout if selling pressure continues to build.
Silver is now approaching its lowest level in several months, a development that reinforces the negative technical outlook. A decisive break below current support levels would likely accelerate the decline and confirm the continuation of the broader downtrend.
Should bearish momentum remain intact, the metal could extend its losses toward the next major psychological support level near $70.00. This area may serve as an important test for buyers, as psychological price levels often attract increased market interest and could potentially trigger a technical rebound.
Resistance Levels: 73.70, 78.30
Support Levels: 69.70, 65.30
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
