Current price: approximately $2,287. $ETH is showing signs of weakness despite a modest recent recovery. The daily technical outlook remains bearish. 
Market explanation
RSI: 36.7 — momentum is weak, although $ETH is not yet in the oversold zone.
ETHis trading near the first resistance at $2,292.
If $ETH breaks and holds above $2,292, it could attempt a recovery toward $2,329.
If ETH falls below $2,251 and closes the daily candle there, selling pressure could increase toward $2,205. 
My view
Short-term: Bearish. I would wait for confirmation rather than assume the recent recovery is a trend reversal.
Key level to watch: $2,251 support. A daily close above $2,292 would improve the outlook.
#ETH🔥🔥🔥🔥🔥🔥 #USMidtermElections #ETHETFS #etherreum #ETHETFsApproved
Market explanation
RSI: 36.7 — momentum is weak, although $ETH is not yet in the oversold zone.
ETHis trading near the first resistance at $2,292.
If $ETH breaks and holds above $2,292, it could attempt a recovery toward $2,329.
If ETH falls below $2,251 and closes the daily candle there, selling pressure could increase toward $2,205. 
My view
Short-term: Bearish. I would wait for confirmation rather than assume the recent recovery is a trend reversal.
Key level to watch: $2,251 support. A daily close above $2,292 would improve the outlook.
#ETH🔥🔥🔥🔥🔥🔥 #USMidtermElections #ETHETFS #etherreum #ETHETFsApproved
