$ETH 🔍 Quick analysis :

• Current price : 2498.01 $

• Daily drop : -9.49 %

• Lowest 24h : 2436.98 $

• MA(7) : 2504.47 (price below)

• MA(25) : 2659.71 (higher resistance)

• MA(99) : 2694.71 (overall bearish trend)

The chart shows a strong dump, followed by an attempt to stabilize above the support at 2436 $. The price is below all significant moving averages, which suggests that the trend remains bearish in the short term.