$ETH ๐น Price Overview
Current Price: $3,342
24h Change: -4.75% (bearish)
24h High / Low: $3,587 โ $3,057
Volume: 1.47M ETH (~$4.86B USDT equivalent)
๐น Technical Indicators
MA60 (Gray Line): ~3,330 โ price is slightly above it, showing potential for short-term stabilization after the drop.
MA(5) & MA(10): 437.04 / 439.32 โ the short MAs are close and flattening, signaling potential consolidation or a pause before the next move.
Volume: Recent volume spikes show strong selling pressure earlier, now calming down.
๐น Market Context
Short-term trend: Still bearish but nearing short-term MA support.
Mid-term (7โ30 days): Deep in correction mode (-19% to -25%).
Long-term: Still up +63% in 6 months and +37% in a year โ the broader uptrend is intact.
๐น Order Book Sentiment
Buy orders: 70.76%
Sell orders: 29.24%
โก Indicates that despite the drop, buyers are active at current levels, possibly defending the $3,300โ$3,330 zone.
๐น Summary
ETH is currently:
Testing short-term support near $3,330
Below resistance zone $3,400โ$3,430
If it holds above $3,300, a bounce toward $3,450โ$3,500 is possible
A break below $3,300 could send it back toward $3,150โ$3,10#ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
