$ETH H showing a relief bounce — but trend still under pressure 👀
$ETH just printed a clean bounce from the 2,620–2,650 demand zone after a sharp intraday sell-off. Buyers stepped in aggressively at the wick low, pushing price back toward the 2,780 area, but momentum is still not fully convincing.
On the 1H chart, ETH is trying to build a short-term higher low structure, but overall trend remains heavy as long as it trades below the 2,840 resistance cluster. A clean reclaim of that zone could open the door for a push toward 2,900+ again.
Volume is mixed — showing interest from dip buyers, but sellers still dominating the order book with nearly 92% sell pressure. Market is at a crucial spot — watching if bulls can hold this bounce or if it becomes another lower high.