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optimized version hai:
#ETHTrendWatch ๐จ
๐ Ethereum Update โ Sideways, Awaiting Direction
Ethereum (ETH) is trading in a tight, range-bound structure. Slight bearish bias, but no decisive trend yet.
๐น Key Metrics:
๐ต Current Price: $2,931.26 USDT
๐ 24h Change: โ0.92%
๐ก๏ธ Support: $2,921 โ $2,925
๐ง Resistance: $2,944 โ $2,970
โฑ๏ธ Technical Snapshot:
15m / 1h: Volatility compressed at 1.61%โ1.66% โ tight consolidation
1h / 1d Indicators: RSI near neutral/mildly oversold, MACD flat
Bollinger Bands: Price hugging lower-middle band
๐ก Market Insight:
ETH continues to rotate between support & resistance.
Moving averages flat โ momentum absent
Volume spikes short-lived โ selling pressure weak
Fear & Greed Index: 25 (Extreme Fear) โ traders hesitant
Funding rates & whale activity show major players on the sidelines
๐ฏ Trading Perspective:
Range Traders: Buy near support $2,921โ$2,925, sell near resistance $2,944โ$2,970. Use tight risk control.
Trend Followers: Wait for breakout above $2,970 or breakdown below $2,921 before entering.