Ethereum Today's Morning View
From the hourly perspective, the Bollinger Bands are opening with three lines moving downwards, corresponding to price levels between 1830-1757, with the midline moving downwards to a price of 1793. The current coin price is oscillating below the midline.
The 5-day and 10-day moving averages are forming a crossover death cross downwards, with the closing price of the 5-day moving average corresponding to 1797, and the closing price of the 10-day moving average moving upwards to 1798. The market has entered a range oscillation phase between 1822-1771.
The MACD is turning upwards and flattening, beginning to close as bullish volume gradually weakens, with the market leaning towards a consolidation.
The RSI, with the fast line moving downwards, has crossed the slow line forming a death cross downwards, corresponding to values between 57-70.
From the perspective of price fluctuations, ETH's low point yesterday was at 1750, breaking below the previous low and then rebounding upwards, with the rebound high point around 1825.
Currently, there is resistance near 1825 and support at 1750. The ETH rebound trend is not strong, and overall, the trend is still downward.
