📊 ETH 2026-03-12 Technical Analysis (as of 18:30)
Current Price: $2045
Trend: Choppy and weak, medium-term bearish dominance, short-term following BTC rally recovery
📈 Key Indicators
- Moving Average System
- Price below MA50 ($2225), EMA50 ($2233), medium-term bearish pressure is extremely strong
- MA200 ($3298), EMA200 ($2892) form extremely strong long-term resistance
- Short-term moving averages (MA7/14) trading flat, providing weak intraday support
- RSI (14): approximately 48, neutral-to-bearish, insufficient rebound momentum
- MACD: Golden cross below the zero line on daily chart, we
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