ETH 3.14 Technical Chart Analysis | Weak Consolidation, Short Bias Primary, Turn Bullish After Breaking 2100
Ethereum is currently quoted around 2075, with intraday dips to 2060 receiving short-term support. After the 4-hour cycle retraced to the Bollinger Band midline, there was a minor rebound, but both volume and momentum are relatively weak. Short-term bullish momentum is insufficient, and the chart maintains a weak consolidation pattern.
From a technical perspective, the effectiveness of the 4-hour Bollinger Band midline support requires confirmation. The rebound lacks sustained buying fo
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