ETH/USDT Update (12H)
$ETH has slipped below a key support level, highlighting weakness in the current short-term trend.
The RSI also shows bearish divergence, momentum has been fading even as price pushed higher, often a sign of an upcoming pullback.
Attention now shifts to the major demand zone below. A strong reaction here could lead to a bounce or possible trend reversal. However, if this level doesn’t hold, a further decline might be on the table.