The $ETH staging a minor 4h relief bounce to $1,588 after flushing out weak hands down to $1,518 is typical oversold behavior. However, the macro trend remains firmly bearish, with price consolidating below a descending MA(25) at $1,610 and MA(99) at $1,692, meaning this tiny bullish MACD cross is likely just building a bear flag before the next leg lower." #ETH