Ether $ETH moved above the 20-day EMA at 3,010 on Monday, but bulls failed to overcome resistance at the 50-day SMA near 3,088. Bears are attempting to regain control by pushing price below the support line of the symmetrical triangle.

$ETH /USDT could If this support breaks, see a sharp decline toward $2,623, followed by $2,373. On the upside, a strong rebound from the support line and a move above the moving averages would suggest continued consolidation within the triangle, with a clearer bullish signal emerging on a close above the resistance line.#ETH #USGDPUpdate