Ethereum
Long

ETH Eyes Consolidation from Overbought Zone

129
FenzoFx—Ethereum pulled back from the daily bearish FVG. The recent candle closed with a long wick and flat body, reflecting market uncertainty. Momentum indicators remain in overbought territory, signaling a possible consolidation phase.

If resistance at $3,848.0 holds, the price may decline toward support at $3,461. However, the bullish outlook stays valid as long as ETH/USD holds above $3,848.0.

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