Ethereum declined again in the early session to around 3164. From a technical perspective, a bottom divergence has formed on the 1-hour MACD and RSI. The candlestick shows a bullish doji. If it breaks through 3240 with increased volume, it is bullish; or if it declines again to create a new low and forms a secondary bottom divergence, it will be bullish.
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Ethereum declined again in the early session to around 3164. From a technical perspective, a bottom divergence has formed on the 1-hour MACD and RSI. The candlestick shows a bullish doji. If it breaks through 3240 with increased volume, it is bullish; or if it declines again to create a new low and forms a secondary bottom divergence, it will be bullish.