【ETH/USDT 1H Level Technical Analysis: Decaying Downward Momentum, Entering a Rebound Phase】
From the 1-hour K-line chart of ETH/USDT, the market is shifting from a unilateral decline to a consolidation and rebound. The moving average system (MA20/50/100) remains in a bearish arrangement, exerting resistance above the price, especially as the mid-term moving averages are diverging downward, indicating that the trend bearish force has not been fully dismantled. After touching the low of 2863.86, the price rebounded, and the continuous candlestick bodies are shrinking, showing that the downward
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