Ether Bears Tire as Market Braces for Impact from Trump’s New Tariff Plan

Ether Looks Poised for a Reversal—If Trump’s Tariffs Don’t Rock the Boat

Ether (ETH) could be on the verge of staging a comeback, with technical signals flashing potential bottoming signs—just as markets brace for a major policy announcement from U.S. President Donald Trump.

On Wednesday, Trump is expected to unveil a sweeping package of tariffs, dubbed a “liberation” effort from what he views as unfair trade dynamics. The scale and scope of those tariffs could ripple through traditional markets and crypto alike.

ETH Showing Early Strength After Painful Drop

Despite enduring a sharp decline, Ether seems to be stabilizing. After plunging 30% from its all-time high, ETH found support just above $1,755 on March 11. The fact that sellers couldn’t push it lower is raising hopes of a shift in trend.

Since then, ETH has bounced to around $1,880, forming a possible double-bottom pattern. If the asset breaks above $2,104, that bullish structure could send prices toward $2,400—per the measured move target often used by traders.

Momentum Fading on the Bear Side

Another encouraging sign comes from a divergence in price momentum. Although ETH retested the March low last week, the histogram tracking its divergence from the 50-day SMA printed a higher low. That indicates selling pressure may be slowing, and momentum could be swinging back in bulls’ favor.

Trend Breakthrough on the Charts

One of the more compelling technical developments is the bullish reversal on the three-line break chart—a tool used to spot changes in market sentiment. After weeks of red, a green bar has appeared on the daily chart, suggesting the tide may be turning.

While a similar reversal in early March proved premature, this time the flip is backed by additional bullish signals, making it more credible.

Still, Macro Risks Lurk

Despite technical optimism, the broader backdrop remains uncertain. A surprise hawkish tilt from Trump’s trade announcement could ignite broader risk-off sentiment and undercut any near-term crypto gains.

For now, Ether appears ready to lead—if macro conditions cooperate.