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$ETH The current price is 2309.68, a large bearish candlestick broke through on the 30-minute chart, indicating a full-scale bearish trend.
Price broke below the lower Bollinger Band and the short-term moving averages EMA5 and EMA10, entering an overall downtrend channel.
The MACD bearish green bars continue to expand, with the DIF and DEA lines forming a death cross and moving downward, accelerating bearish momentum.
KDJ and RSI are simultaneously in the low zone, indicating short-term oversold conditions, but the downward inertia still remains.
Short-term support is at 2295, with a rebound resistance in the 2332-2334 range, and in a weak market, rebounds are mainly used for shorting.
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