$ETH

#ETH 📊The market is transitioning from bullish to bearish, A bullish trend is typically characterized by increasing prices, rising moving averages, and positive momentum indicators. Conversely, a bearish trend is marked by decreasing prices, falling moving averages, and negative momentum indicators.

The price of ETH/USDT has decreased by 1.83% to $2,954.40.

The 24-hour high was $3,040.15, while the 24-hour low was $2,923.32.

The moving averages (MA) are trending downward, with MA(7) at $2,956.84, MA(25) at $2,978.02, and MA(99) at $2,774.64.

The RSI is not explicitly shown, but the MACD histogram appears to be decreasing.

Based on these observations, it seems that the market is indeed transitioning from bullish to bearish. The decreasing price, falling moving averages, and negative MACD histogram all suggest a shift towards a bearish trend. However, it's essential to note that technical analysis is not always accurate and should be used in conjunction with fundamental analysis and risk management strategies.#INDIANstock