--- title: "Ethereum: the weekly scan has compressed to a 2.85% band - 0.30 of one ATR, the tightest cell on the board" published: 2026-09-11T19:36:39.378312+00:00 type: technical_read scope: ETH canonical: https://moonwire.org/insights/eth-technical-read-2026-09-03.html tags: [ETH, ethereum, technical-analysis, trend, momentum, support-resistance, multi-timeframe] --- # Ethereum: the weekly scan has compressed to a 2.85% band - 0.30 of one ATR, the tightest cell on the board > Ethereum at 2,383.45 is bracketed by the narrowest structure in this week's nine-cell scan: weekly support 2,357.59 sits 1.08% below price and a newly resolved weekly resistance at 2,425.465 sits 1.76% above, a band worth 2.85% of price and just 0.30 of one weekly ATR. The 3D scan independently resolved a resistance 0.0241% away from the weekly one, at 2,424.89. Both the 3D and weekly trends read up with strong strength, the weekly efficiency ratio of 0.6880 is the highest on the board, and the monthly is still down. ## Key takeaways - The weekly band has compressed to 2,357.59-2,425.465: 2.85% of price and 0.30 of one weekly ATR, the narrowest band relative to its own average range of the nine cells scanned. - Nearest resistance re-resolved sharply lower on both faster timeframes - weekly from 12.12% above price to 1.76%, 3D from 36.70% to 1.74% - while both nearest supports were unchanged entries. - The 3D and weekly scans landed on resistances 0.575 apart, 2,424.89 and 2,425.465, or 0.0241% of price. - The weekly efficiency ratio rose 9.98% to 0.6880, the highest of the nine cells and one of only two that increased; 3D momentum cooled from overbought to bullish at RSI 65.91. - The monthly support ledger holds exactly one entry, 1,548.0775 at 8 touches - the highest touch count on the board and the only member of its own ledger. *All distances in this read are expressed as a percentage of the current price of Ethereum (2,383.45), computed from MoonWire's own multi-timeframe scan of 2026-09-03.* ## What has changed since the previous read (2026-08-25) A week ago the nearest resistance on Ethereum's weekly scan was 2,809.27, 12.12% above price, and on the 3D scan it was 3,425.17, 36.70% above — wide, open ground on both. Both have been superseded. New pivots have entered both ledgers just above the current price: 2,424.89 with 3 touches on the 3D, 1.74% above price, and 2,425.465 with 2 touches on the weekly, 1.76% above. The two scans, run independently over different candle sets, resolved to levels 0.575 apart — 0.0241% of price. Underneath, the floors did not move at all: 2,357.59 remains the nearest weekly support and 2,220.36 the nearest 3D support, unchanged entries. Price fell 4.87% to 2,383.45, so it simply travelled toward the lower one, which now sits 1.08% beneath price versus 5.90% a week ago. The result is the most compressed structure in this week's board: the weekly scan brackets price between 2,357.59 and 2,425.465, a band of 67.875 points — 2.85% of price and just 0.30 of one weekly ATR, the narrowest band relative to its own average range of the nine cells scanned. Momentum stepped down without any trend label changing. 3D RSI fell 8.36 points from 74.27 to 65.91, moving 3D momentum from overbought to bullish; the weekly reading fell 3.49 points to 56.68 and the monthly 1.58 points to 47.77. The 3D and weekly trends both still read up with strong strength; the monthly is still down, with strength stepping from moderate to weak. Alignment reads `conflicting` for a seventh consecutive read on Ethereum, and for a second consecutive read the direction triple is 3D up, weekly up, monthly down. The monthly average is the other thing worth flagging: the monthly EMA20 fell 6.43% to 2,418.09 while price fell 4.87%, so the average now stands just 1.45% above price, in from 3.14% a week ago. That is the tightest any 20-period average sits to its own asset anywhere in this week's nine cells. ## The multi-timeframe read **3D — up, strong, bullish.** Price is above both averages: SMA20 at 2,044.04 sits 14.24% below price, EMA20 at 2,112.29 sits 11.38% below. RSI14 is 65.91. The efficiency ratio fell 26.73% to 0.6005, so the 3D path is less direct than a week ago while still describing a trending rather than a churning tape. ATR14 is 133.51, 5.60% of price. **Weekly — up, strong, bullish.** SMA20 at 2,017.57 is 15.35% below price and EMA20 at 2,093.88 is 12.15% below, with RSI14 at 56.68. The weekly efficiency ratio rose 9.98% to 0.6880 — the highest efficiency reading anywhere in the nine cells, and one of only two cells in the whole board that increased. So the compression described above is a narrow band around a still-directional weekly path, not a stalled one; those are different things, and only the levels are narrow here. **Monthly — down, weak, neutral.** Price is beneath both monthly averages, with SMA20 at 2,599.28 standing 9.06% above price and EMA20 at 2,418.09 standing 1.45% above. RSI14 is 47.77. The monthly efficiency ratio fell 42.43% to 0.2036, and monthly ATR14 is 784.64 — 32.92% of price, so a single average monthly range covers roughly a third of Ethereum's current value. ## Levels and zones The 3D band runs 2,220.36 to 2,424.89: 8.58% of price, or 1.53 times one 3D ATR. The weekly band is the tight one described above, 2.85% of price and 0.30 of a weekly ATR. The monthly is the opposite extreme — 1,548.0775 to 3,580.34, a span of 85.27% of price and 2.59 monthly ATRs. That monthly support deserves its own line, because it is unusual in two ways at once. 1,548.0775 carries 8 touches, the highest touch count anywhere in this week's nine cells, and it is the *only* entry in Ethereum's entire monthly support ledger — the most-tested level on the board is also the single member of the sparsest support ledger on it. It sits 35.05% below price. Above, the monthly lists 3,580.34, 4,100.86 (2 touches) and 4,956.78. Two unmitigated bullish order blocks are listed, both below price: 1,863.67–1,925.00 on the 3D (7 bars old, its top 19.23% below price) and 1,822.06–1,981.24 on the weekly (5 bars old, top 16.88% below). Neither has been traded back into since forming. No bear zone is listed on any Ethereum timeframe, and the monthly scan lists no order block at all. Zones like these mark where prior trading concentrated; they describe past activity, not a destination. --- *MoonWire surfaces and summarizes public crypto news.* **General information only — not financial advice.** MoonWire Ltd. is not licensed by ASIC and holds no AFSL. This content does not consider your objectives, financial situation, or needs, and is not a recommendation to buy, sell, or hold any asset. *This analysis is generated by artificial intelligence and may be inaccurate, incomplete, or fabricated. 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