Concise & accurate:

Trend: Bearish

Price: Below all EMAs → strong selling pressure

Momentum: MACD negative

Condition: Oversold → short-term bounce possible

Support: 2,850–2,900

Resistance: 3,000–3,050

Conclusion:

A short-term bounce is possible, but the downtrend remains valid as long as price stays below 3,050.$ETH #newyearbear