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My quick take on $ETH (2,944.48)...based on structure, not noise. $ETH is showing a modest 0.49% gain, trading near the 2,944.48 level after a recent uptick. Momentum is mixed, with price hovering around the MA5 (2,942.35) and MA10 (2,940.33), indicating short‑term buyers are trying to gain control. The key level to watch is 2,940 – 2,935. If $ETH drops below this zone, downside could open toward 2,925 or lower.
Bullish momentum returns only if #ETH pushes past 2,975 and holds above the MA30 (2,934.38).
Until then, moves will feel reactive.
Bottom line: Bias = neutral‑cautious
Decision zone = 2,940
Best move = WAIT for reclaim or breakdown.
#ETH #Rmj-Trades