ETH Market Analysis
Garbage Ethereum has once again fallen to the lowest support zone, with the current price hovering around 3250. The strong support below is around 3030, and the lowest point of this drop was also near 3150, which is very close to the previous low point!
In terms of trends: From the four-hour breakout perspective, this wave's upper consolidation range is currently at the lowest zone. Meanwhile, the RSI indicator has clearly shown an oversold signal, falling out of the healthy range. It is now gradually returning to the healthy range and showing a nice turning point.
Key focus points: The main point below is around 3030, and the short-term pressure position above is at 3440!
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