ETH
Daily timeframe: The price is fluctuating in the low range of 3000 - 3200, constrained by resistance near the upper band of the weekly Bollinger Bands around 3250, with heavy selling pressure above. The MACD is in a golden cross state, indicating limited downward momentum; at the same time, the price is above the 20-day and 50-day moving averages, providing some support. However, after previously surging to 3240, it failed to hold due to heavy selling pressure, making it difficult to break through quickly in the near term.
Hourly timeframe: The price consolidated at high levels during the
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