$ETH #EthereumNews
A mixed dynamic emerges as oscillators diverge and volatility decreases.
Momentum indicators on the daily chart remain predominantly negative, with the MACD signaling a strong sell and the ADX confirming solid bearish strength. The RSI is at 41.91, indicating slight overselling, while the Stoch RSI and BBP point to an overbought environment, highlighting a pronounced divergence between oscillators. The CCI and Awesome oscillator show neutral readings, indicating indecision. No golden or death cross signals are present, and the recent daily price action suggests moderate volatility within a narrow range, with no clear confirmation of buyer dominance from the underlying momentum.
The downside risk increases with expected consolidation, unless a breakout occurs.
Over the next five trading days, Ethereum is expected to fluctuate within the typical volatility band of $3,010 to $3,110. Current technical data indicates a less than 20% probability of a significant price increase, making a downward move more likely in the context of dominant sell signals on daily and weekly indicators. The short-term base scenario is one of lateral consolidation between modest support and resistance. A sustained break above $3,110 would be needed for bullish momentum, while a drop below $3,010 could trigger larger declines if selling pressure intensifies.
