ETH Multi-Timeframe Trend Analysis



4h timeframe: The previous uptrend has ended and is currently in an extended downward impulse

1h timeframe: A downtrend pivot has been completed and broken; bears are in control

MA Indicators: The 4-hour MA40/60 has turned downward, the 1-hour three moving averages are in bearish alignment, price is under pressure below the moving averages, trend is weak

KDJ: Positioned in the low oversold zone with modest recovery expected but no reversal signals

Near-term support: 2048, strong support: 2000 level

Near-term resistance: 2120-2130, strong resistance: 2200 level$BTC $ETH ‌ ‌
BTC-3,06%
ETH-4,25%
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