ETH Pre-market analysis 4 hours before US stock market opens



Ethereum surged then pulled back, current quote is 2325.
The moving averages are in a bullish arrangement, but short-term upward momentum is clearly weakening, and volume is insufficient.
MACD and RSI both show weakening signals, indicating the bulls are losing steam.
Resistance levels at 2360-2415 are heavy, while 2290 is the short-term vital support.
At the moment, it's just sideways consolidation; until a clear direction emerges, hold your position.
ETH-1,67%
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GateUser-df2e8be3
· 2h ago
Steadfast HODL💎
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