$ETH
Here is a brief technical analysis for ETH/USDT (15m chart):
General Trend:
The short-term downtrend is still strong. The price dropped sharply from 1773.78 to 1520.70, and is currently at a new lower low.
Indicators:
RSI (6): 15.06 → Very oversold. Potential for a short-term rebound (scalp buy can be considered, but it's risky).
MACD: Still below the zero line and showing bearish momentum, although the histogram is starting to shrink → bearish but starting to slow down.
MA5 & MA10: MA5 is below MA10 → Bearish cross.
Volume:
No major volume spike, so there are no signs of significant accumulation from buyers yet.
Conclusion:
Short-term: Oversold, there could be a small bounce (high-risk scalp buy).
Mid-term: Still bearish.
Advice: It is safer to wait for confirmation of reversal or a bounce from strong support (e.g., 1,500–1,480). Avoid large longs now unless quick scalping with tight SL.