$ETH Technical Breakdown:
24H Range:
High: 1,638.18 🟢
Low: 1,409.16 🔻
Parabolic SAR: Trending down ➖ (yellow dots above price)
MACD:
DIF: -2.40
MACD: -0.33
Momentum is still bearish, but starting to flatten 📉
Moving Averages:
MA(5): 1,858.64
MA(10): 1,872.65
Price below MA — bearish pressure remains strong
Volume: 595.25K (momentum picking up again)
Order Book Sentiment:
Buy: 53.23% 🟢
Sell: 46.77% 🔴
Long-Term View:
7D: -13.84%
30D: -27.30%
90D: -57.62%
1Y: -53.63%
Overall Trend: Bearish ⚠️ but short-term rebound signs forming.
Quick Take:
ETH is trying to bounce back after touching a local bottom at 1,547.55.
But be cautious: price is still below key moving averages, and MACD is in the red.
Whales might still be lurking — wait for volume confirmation or MA crossovers for safer entries!
Watchlist Alert:
If ETH reclaims 1,572 with strong volume, bulls could regain control. Until then — play it safe!
#ETH #CryptoAnalysis #BearishReversal