ETH rebounded 1.40%, but trading volume was only 47% of the previous hour.
The complete hourly candle from 23:00 on November 14 to 00:00 on November 15 UTC closed at 1,769.50 USDT, up from 1,745.02; volume was about 7,540 ETH, compared with about 16,152 ETH in the previous hour. The price recovery is real, but a single bullish candle on lower volume does not prove that selling pressure has ended.
At the 00:00 UTC snapshot, the price was about 1,767.67, down 8.41% over 24 hours. RSI(14) recovered to 27.5, while MACD remained below the signal line; EMA20 was around 1,843 and had yet to be reclaimed.
On the upside, first watch whether the next complete hourly candle can close above the previous bearish candle’s open at 1,773.50, then whether a pullback holds and volume continues. On the downside, if the price breaks below this rebound candle’s low of 1,735.49 and fails to recover, the basis for this recovery weakens; 1,728.93 is merely the recorded range low and is not guaranteed to provide support.
The chart shows spot 1-hour candlesticks; the ETHUSDT Perp card is a separate perpetual market, and the coin label is an entry point for spot. For market observation only; this is not a buy or sell recommendation.
$ETH
The complete hourly candle from 23:00 on November 14 to 00:00 on November 15 UTC closed at 1,769.50 USDT, up from 1,745.02; volume was about 7,540 ETH, compared with about 16,152 ETH in the previous hour. The price recovery is real, but a single bullish candle on lower volume does not prove that selling pressure has ended.
At the 00:00 UTC snapshot, the price was about 1,767.67, down 8.41% over 24 hours. RSI(14) recovered to 27.5, while MACD remained below the signal line; EMA20 was around 1,843 and had yet to be reclaimed.
On the upside, first watch whether the next complete hourly candle can close above the previous bearish candle’s open at 1,773.50, then whether a pullback holds and volume continues. On the downside, if the price breaks below this rebound candle’s low of 1,735.49 and fails to recover, the basis for this recovery weakens; 1,728.93 is merely the recorded range low and is not guaranteed to provide support.
The chart shows spot 1-hour candlesticks; the ETHUSDT Perp card is a separate perpetual market, and the coin label is an entry point for spot. For market observation only; this is not a buy or sell recommendation.
$ETH
