Ethereum at $2,641: daily uptrend intact, but hourly pullback weighs
- —ETH at $2,641.46, below the daily pivot of $2,648.56; S1 support at $2,593.05, R1 resistance at $2,696.98
- —Daily RSI at 59.48 and MACD at 92.99 versus signal at 85.81 keep the structure bullish
- —Hourly RSI at 30.82 and M15 RSI at 24.67 signal short-term oversold conditions
- —Curve DEX fees fell 94.4% in 24 hours, Uniswap V4 dropped 20.06%
Why it matters: The gap between a bullish daily trend and weak hourly momentum will decide whether this is a pullback or the start of a deeper correction.
Source: The Cryptonomist (IT)