ETH trading at 3,229 USDT on the daily chart with a notable volume of 342,111 ETH. The average volatility is 5.18%, indicating moderate price swings. RSI(14) and MFI(14) are at 41.67 and 46.42, respectively, suggesting a lack of strong buying pressure. CCI(14) at -80.76 reflects bearish momentum, while BBands(20,2) show the price nearing the lower band, hinting at potential oversold conditions. ATR stands at 179.32 USDT, underlining notable intraday volatility. The price remains below SMA(50), confirming a bearish alignment. Momentum indicators like MOM(10), MACD, ADX, and Parabolic SAR all point to bearish sentiment, with TD Sequential nearing a potential reversal zone at 8 Down.

ETH currently showing a bearish outlook with weak buying signals and downward momentum dominating. However, the price nearing the BBands lower band may signal potential support in the short term.