$ETH Price Trend Analysis
1. Candlestick Patterns:
- Recent prices have been fluctuating between 2080 and 2150, showing a consolidation at high levels.
- A rebound occurred after a sharp decline earlier, but the rebound strength has weakened, forming long upper shadows and small real bodies on the candlesticks.
2. Technical Indicators:
- MACD: In the 4-hour cycle, the MACD histogram has shifted from red to green, with DIF and DEA still in negative territory, indicating that the bearish momentum is dominant but showing signs of weakening.
- RSI: The RSI14 value is 47.84, not entering ove