I just checked the ETH price and see that it has been moving quite a bit these days. It’s around $2.30K but with a retracement of -3.82% in the last 24 hours, so there is short-term bearish pressure.



Looking at the technical indicators, the RSI is in neutral territory (it is neither overbought nor oversold), and the MACD remains bullish although with less strength. The Fibonacci levels are interesting to see where support might be found if it continues to fall.

On the 4-hour chart, the ETH price shows some weakness, but it’s not cause for alarm. These retracements are normal in volatile markets. I would watch the upcoming movements in the next few days to see if it rebounds or continues to decline.
ETH0,05%
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