The four-hour chart shows a short-term downward trend, with insufficient rebound momentum. Prioritize waiting for a rebound to open positions; do not chase after declines.



The price is under pressure below the 4-hour EMA20 moving average, with MA7 crossing below MA25 in a bearish alignment. OBV continues to decline, indicating genuine selling pressure. RSI is around 41.8, indicating weakness; MACD is below the zero line, with downward momentum dominating. The rebound with decreasing volume is unlikely to be sustained.

The price around 3020 is in a downward trend, with a target of 2880#ETH
ETH0.61%
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