Ethereum Price Hits $2,011 as Daily Structure Remains Neutral

The Ethereum price is currently sitting at $2,011, a technical fault line. This level has cleared the daily EMA20 and EMA50, but the EMA200 near $2,140.80 remains as resistance.

While the lower timeframes are bullish, they are also stretched into overbought territory. The hourly RSI is 86.57 and the 15-minute RSI is 90.45, both of which indicate a likely pause or pullback.

The daily structure remains neutral, with Ethereum's price above the EMA20 and EMA50 but below the EMA200. This suggests that the intermediate trend has turned constructive, but the bigger structural ceiling has not been broken yet.