$ETH Technical:

1. General Trend:

The current trend is clearly down, as shown by the consecutive red candles and the drop from 2,831 to 2,436.

The price is recovering slightly now after touching the bottom at 2,436.98 USDT, currently trading around 2,530.26.

2. Parabolic SAR Indicator:

The yellow points (SAR) are above the price, indicating continued selling pressure.

There is no clear sign of a trend reversal yet.

3. Moving Averages (MA):

5-Day Moving Average (in yellow): 34,020.55 — this number seems illogical compared to the current price (might be an error or a custom indicator).

10-Day Moving Average (in blue): 44,557.22 — also logically inconsistent with the current price. There may be an error in the indicator settings or units.

4. Trading Volume:

A significant increase in trading volume was observed during the decline, indicating intensive selling (perhaps from whales or exiting large positions).

As the rebound began, the volume started to gradually decrease, which does not support a strong upward trend yet.

🟡 Recommendation:

For Traders: Watch the 2,600 level as resistance, and do not enter before confirming a break with strong momentum.

For Investors: This may be a good opportunity for gradual buying in batches if you believe in the long-term project.

Suggested Stop-Loss: Below 2,420 if the decline continues.