The four-hour posture is in a delicate balance of multiple games, with the overall trend still in a weak position but showing signs of stabilization.
From a technical perspective, the moving average system is in a head-and-shoulders pattern, with prices consistently trading below the short-term moving averages. The rebound momentum is limited, and the RSI is slowly rising from the lows, indicating a slight short-term correction need.
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The four-hour posture is in a delicate balance of multiple games, with the overall trend still in a weak position but showing signs of stabilization.
From a technical perspective, the moving average system is in a head-and-shoulders pattern, with prices consistently trading below the short-term moving averages. The rebound momentum is limited, and the RSI is slowly rising from the lows, indicating a slight short-term correction need.
Still around 2980, target 2900#ETH