2026.5.11

#ETH Morning Analysis:
Strong resistance level: 2381
Minor resistance level: 2379
Support level: 2325
Strong support level: 2311
Four-hour price breaks above the upper band at prices 2366 2317 2269, Bollinger Bands opening up. One-hour price is within the middle band. Bollinger Bands narrowing at prices 2375 2343 2310.
MA moving averages: One-hour price is below MA5 and parallel to the middle band. MA5 and MA10 are turning downward. Four-hour price is above MA5 and MA10, with the middle band pointing upward.
MACD: On the four-hour chart, both lines are above the zero line, forming a golden cross, indicating increasing bullish momentum. On the one-hour chart, both lines are above the zero line, forming a death cross, indicating increasing bearish momentum.
RSI: One-hour RSI is in oversold territory at 15–25, with a downward trend. Four-hour RSI is in overbought territory at 88–73, with prices showing slight declines.
Summary: Downtrend market