"ETH climbed above the $1,600 mark after consolidating for several days. The move also saw it surpass the 23.6% Fibonacci retracement level of the wider downturn from $2,005 to $1,505 — a technical milestone that suggests the immediate selling pressure has eased. Buyers stepped in near $1,550 and have pushed the price steadily higher since the start of the week."
Translation: "ETH naik di atas level $1.600 setelah berkonsolidasi selama beberapa hari. Pergerakan ini juga berhasil melampaui level retracement Fibonacci 23,6% dari penurunan yang lebih luas dari $2.005 ke $1.505 — sebuah pencapaian teknis yang menunjukkan tekanan jual langsung telah mereda. Pembeli masuk di dekat $1.550 dan telah mendorong harga lebih tinggi secara stabil sejak awal minggu."
Note: Use comma for decimal in 23.6%? In Indonesian we use comma as decimal: 23,6%. Also for numbers: $2.005 (two thousand five? Actually $2,005 is two thousand five? No, $2,005 is two thousand five? Actually it's 2,005 dollars. In Indonesian: $2.005. $1,505 -> $1.505. But careful: 2,005 and 1,505. With dot: $2.005 and $1.505. Also "penurunan dari $2.005 ke $1.505" is fine.
Next:
Bullish signals from MACD and RSI
"The hourly MACD is now gaining momentum in positive territory, and the Relative Strength Index sits above 50 — both classic signs that bullish momentum is building. The price holding above the 100-hourly SMA adds another layer of support for the near-term outlook. It's not a full reversal yet, but the setup is the most constructive Ethereum has seen in weeks."
Translation: "MACD per jam kini mendapatkan momentum di wilayah positif, dan Relative Strength Index berada di atas 50 — keduanya adalah tanda klasik bahwa momentum bullish sedang terbangun. Harga yang bertahan di atas SMA 100-jam menambah lapisan dukungan lain untuk prospek jangka pendek. Ini belum sepenuhnya pembalikan, tetapi pengaturan ini adalah yang paling konstruktif yang pernah dilihat Ethereum dalam beberapa minggu."
Note: Keep MACD and RSI as acronyms. "hourly MACD" -> "MACD per jam". "Relative Strength Index" -> "Relative Strength Index" (or Indeks Kekuatan Relatif? Better keep English as it's common. I'll keep as "Relative Strength Index (RSI)" but original uses "Relative Strength Index" only. I'll use "Relative Strength Index" or "Indeks Kekuatan Relatif"? To be consistent with crypto terminology in Indonesia, often they use RSI. I'll write "Relative Strength Index (RSI)" but then it's longer. Original doesn't have (RSI). I'll just say "Relative Strength Index" as is. But note: in Indonesian, we might say "Indeks Kekuatan Relatif". I think it's fine to keep English.
Next:
Next targets: $1,750 and beyond
"With $1,600 reclaimed, traders are eyeing the next major hurdle at $1,750, which coincides with the 50% Fibonacci retracement of the $2,005–$1,505 decline. A move above that could open the door to $1,800 and then $1,885. A close above $1,885 would put $1,920 and eventually $2,000 back in play — levels not seen since mid-May."
Translation: "Dengan $1.600 yang berhasil direbut kembali, para trader mengincar hambatan utama berikutnya di $1.750, yang bertepatan dengan retracement Fibonacci 50% dari penurunan $2.005–$1.505. Pergerakan di atas level tersebut dapat membuka jalan ke $1.800 dan kemudian $1.885. Penutupan di atas $1.885 akan membawa $1.920 dan akhirnya $2.000 kembali dalam permainan — level yang tidak terlihat sejak pertengahan Mei."
Note: "$2,005–$1,505" -> "$2.005–$1.505" with en dash. "mid-May" -> "pertengahan Mei".
Next:
Downside risks below $1,620
"For now, support sits at $1,620 and $1,600. If Ethereum slips back under $1,600, the next floor is around $1,550, with a deeper drop testing $1,500. The bulls need to hold $1,620 to keep the recovery intact. The week ahead will show whether this breakout has legs or is just another fakeout in a choppy market."
Translation: "Untuk saat ini, support berada di $1.620 dan $1.600. Jika Ethereum turun kembali
