The bullish trend of $ETH remains strong, but may be losing momentum
The DMI index chart shows that the current ADX is 27, down sharply from 46 just two days ago. This decrease indicates that the strength of ETH's recent bullish trend is weakening, even though the price is consolidating after a 9% increase over the past three days. Although the ADX shows decreasing momentum, the D+ (positive directional index) at 21.1 is still higher than the D- (negative directional index) at 16, confirming that buying pressure still outweighs selling activity, although with less intensity than before.