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Detailed Analysis
ETH is currently in a short-term downtrend, with the price encountering resistance around 2800 and pulling back, forming a bearish engulfing pattern, indicating strong selling pressure. The RSI is in the neutral zone and not oversold yet, suggesting the downward momentum has not exhausted. There is buying support in the 2770-2750 area, but the rebound strength is insufficient. Volume increases during declines, indicating concentrated selling pressure, while volume decreases during rebounds, showing lack of bullish confidence. The short-term moving averages are in a bearish al
ETH is currently in a short-term downtrend, with the price encountering resistance around 2800 and pulling back, forming a bearish engulfing pattern, indicating strong selling pressure. The RSI is in the neutral zone and not oversold yet, suggesting the downward momentum has not exhausted. There is buying support in the 2770-2750 area, but the rebound strength is insufficient. Volume increases during declines, indicating concentrated selling pressure, while volume decreases during rebounds, showing lack of bullish confidence. The short-term moving averages are in a bearish al
ETH1.25%









