DaoResearcher
⚠️ With Ethereum moving sideways in this range, sellers are clearly running out of steam, and signs of overselling are quite obvious.
Looking at the latest data, ETH is hovering around $2806 (4-hour chart), with just a 1% intraday swing, showing signs of a minor rebound.
🔍 Market overview:
After the price dropped from its highs, it’s been grinding within the 2720-2860 range. The moving averages ((5/10/20/50/200)) are still in a bearish alignment, but have flattened out in the short term. The trading volume is interesting— the most recent 4-hour candle only saw just over 1.07 million, which is
Looking at the latest data, ETH is hovering around $2806 (4-hour chart), with just a 1% intraday swing, showing signs of a minor rebound.
🔍 Market overview:
After the price dropped from its highs, it’s been grinding within the 2720-2860 range. The moving averages ((5/10/20/50/200)) are still in a bearish alignment, but have flattened out in the short term. The trading volume is interesting— the most recent 4-hour candle only saw just over 1.07 million, which is
ETH-0.09%