Boring, let's write a technical analysis of ETH, just for fun, not investment advice.
Price Trend: The current price is 2449.49, and the chart shows a clear oscillating downward trend. In the short term, the price has surged multiple times but failed to break through the higher resistance level, indicating significant upward pressure. The overall trend of the daily candlestick exhibits a downward trend.
Moving Average Analysis:
MA(7): The short-term moving average (yellow line) is 2548.47, and the current price has fallen below MA(7), indicating a weak state in the short term, and the price ma
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