ETH’s rebound lasted just one hourly candle: the next one closed lower.
From 17:00–18:00 UTC, the price rose from 1,825.80 to close at 1,843.42. From 18:00–19:00 UTC, it pulled back again, closing at 1,831.21. The two completed hourly candles show that there was a rebound from the lows, but the recovery has yet to persist.
At 19:00 UTC, the spot price snapshot was around 1,836 USDT, down 5.60% over 24 hours. Among a sample of six major coins across two exchanges, ETH ranked second in trading activity. This is not a market-wide ranking, nor does it indicate net buying.
RSI(14) was 28.55, and MACD remained below its signal line. First watch EMA20 near 1,885, then EMA50 near 1,928. A gradual recovery above the moving averages on completed hourly candles would weaken the bearish structure; a rebound that gets pushed back down would not count as confirmation.
Below, 1,811 was simply the 24-hour low at the time of the snapshot; it is not guaranteed support. If a completed hourly candle breaks below it and a retest fails to reclaim it, there will be little basis for judging that the price has stabilized near the lows. Oversold conditions are not proof of a reversal.
The chart shows spot 1-hour candles; the ETHUSDT Perp card is a separate perpetual market, and the coin label is an entry point for spot. Moving averages change over time. This is for market observation only and does not constitute trading advice.
$ETH
From 17:00–18:00 UTC, the price rose from 1,825.80 to close at 1,843.42. From 18:00–19:00 UTC, it pulled back again, closing at 1,831.21. The two completed hourly candles show that there was a rebound from the lows, but the recovery has yet to persist.
At 19:00 UTC, the spot price snapshot was around 1,836 USDT, down 5.60% over 24 hours. Among a sample of six major coins across two exchanges, ETH ranked second in trading activity. This is not a market-wide ranking, nor does it indicate net buying.
RSI(14) was 28.55, and MACD remained below its signal line. First watch EMA20 near 1,885, then EMA50 near 1,928. A gradual recovery above the moving averages on completed hourly candles would weaken the bearish structure; a rebound that gets pushed back down would not count as confirmation.
Below, 1,811 was simply the 24-hour low at the time of the snapshot; it is not guaranteed support. If a completed hourly candle breaks below it and a retest fails to reclaim it, there will be little basis for judging that the price has stabilized near the lows. Oversold conditions are not proof of a reversal.
The chart shows spot 1-hour candles; the ETHUSDT Perp card is a separate perpetual market, and the coin label is an entry point for spot. Moving averages change over time. This is for market observation only and does not constitute trading advice.
$ETH
