Few Days Ago $ETH was up near $2,423.74, and from there it rolled over hard a pretty relentless slide all the way down to $1,505.68. That's roughly a 38% drawdown from top to bottom, which is a brutal move for anyone who bought near the highs. Since bottoming out, though, it's been carving out a slow, choppy recovery, and this last leg up has been the most convincing push yet, breaking above that $1,660–$1,700 resistance zone it had been stuck under for a while.


$ETH ‌
24h range has been tight, $1,721.93 to $1,762.36, and volume's solid at 267M USDT for the day. RSI is at 59, comfortably in neutral-to-bullish territory without being stretched, and MACD has flipped positive with the histogram building momentum's leaning in ETH's favor right now.
Still a long way from those highs, but the structure since the bottom looks like higher lows forming, which is generally a healthier sign than the freefall a few weeks back. Worth watching whether it can hold above $1,700 and start challenging that $1,860 zone next.
#GUSDYieldRisesto3.8% #PredictWorldCup🇫🇷vs🇲🇦
ETH2.23%
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