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#ETH

Warning signals (False Breakout)

​Parabolic SAR: The yellow dots are still above the price ($3,284), indicating selling pressure; the breakout will be real only when the dots move below the candles.

​Weak RSI: Currently at 48.60; it needs to exceed the level of 50 to show that buyers are in control.

​Volume: If the price rises but the volume (bottom bars) does not increase, it is a clear signal of lack of interest and potential decline.

​In summary: If Ethereum fails to consolidate above $3,100, it is very likely to return to test the support at $2,623.

We will see how the market moves in the following hours.