Ethereum Builds Strength as Hidden Bullish Divergence Hints at $7K–$8K Move

• Ethereum’s price formed higher lows while RSI made lower lows, indicating a hidden bullish divergence and strong continuation potential.
  
• Bearish volume has faded significantly over the past month, suggesting selling pressure is drying up and buyers are gaining quiet control.
  
• Ethereum defended July’s support twice and continues consolidating near range highs, a setup often preceding sharp bullish breakouts.

Ethereum is showing relative strength compared to Bitcoin, as recent price behavior suggests hidden bullish momentum forming under the surface.

Hidden Strength Behind Ethereum’s Consolidation

Crypto analyst Marcus Corvinus pointed out that Ethereum ($ETH) is holding higher lows, while Bitcoin ($BTC) recently made a lower low. This divergence in price behavior reflects a stronger market structure for Ethereum, despite broader market uncertainty. Corvinus notes this is more than price action — it suggests strong hands are keeping the asset stable.

Adding to this, trading volume on the bearish side has been decreasing throughout the last month. This decline in selling pressure may be flushing out weak hands. Meanwhile, Ethereum has repeatedly tested but not broken July’s key support levels, indicating resilience at crucial zones.

Technical Indicators Support Continuation Setup

The chart also displays a classic hidden bullish divergence—the Relative Strength Index (RSI) has made a lower low, while Ethereum’s price holds a higher low. With this pattern usually indicating a continuation and not a reversal, it demonstrates a possible future upside.

Additionally, Ethereum’s RSI remains in oversold territory, but it has shown strength by defending support twice before. Many traders will label a response like this as foreshadowing renewed momentum. Corvinus suggests that the current market state is not a reversal but rather a consolidation at the upper range.

Breakout Expectations and Long-Term Targets Remain

Ethereum’s current structure hints at a potential breakout scenario. Consolidation at the top of a range, particularly with reduced selling volume, often leads to a breakout in the direction of the prevailing trend. Ethereum’s continued ability to defend support, while building on a higher low pattern, keeps the bullish outlook intact.

Corvinus maintains a bullish cycle target of $7,000–$8,000 for Ethereum. While the exact timing remains uncertain, the structure implies that continuation is not a matter of speculation but expectation. As the market awaits confirmation, Ethereum continues to position itself with relative technical strength.