. Ethereum (ETH) Analysis Over the Last 24 Hours
🔍 Ethereum Performance in the Last 24 Hours:
Lowest Price Today: $3,584
Highest Price: $3,814
Drop Over the Last Two Days: Approximately -6%
Current Technical Support Strength at: $3,600
📊 Technical Indicators Say:
RSI (Relative Strength Index): Near the Oversold Zone = Possible Preparation for a Bounce
MACD: Negative Tilt, but there is a Slowdown in the Downward Momentum
Candlestick Pattern: Signs of "Doji" or Market Indecision Are Starting to Appear, Indicating a Possible Temporary Halt in the Downtrend
🐋 Whale Activity (Large Buying):
Major Investors (Whales) Purchased About 220,000 ETH Worth $850 Million Over Two Days
This is Evidence of Strong Accumulation at Current Prices
Could a Strong Bounce Occur?
The Likelihood is Strong if:
The Overall Market Stabilizes
Support at $3,600 Holds
Flows into Ethereum ETFs Continue
❌ However, if Support Breaks and Drops Below $3,500, We Might See Further Decline Towards $3,100 or Lower