【ETH Structural Insights | Moving Average Bearish Arrangement, Weakness in Balance】
#欧美关税风波冲击市场 ETH on the 1-hour timeframe exhibits a typical “weak oscillation under moving average consolidation” structure. The price continues to fluctuate within the core range of $2950-$3000 and remains below the MA20 (2990). The short-term moving averages MA5 (2977) and MA10 (2969) are highly consolidated with MA20, indicating that after a series of declines, the bulls and bears are in a brief weak balance at this point.
Key Levels and Bull-Bear Framework
1. Support Level: $2950 is the current bottom that