ETH: Pinned Between Weekly SMAs on Bearish 4H Setup

Material Indicators flagged that ETH trades pinned between the 50-Week and 21-Week SMAs, with a breach of the lower average likely to trigger accelerated selling.

At $2234.75 the 4-hour chart shows price locked in a bearish structure beneath the EMA50 at $2284.11 and the EMA200 at $2406.85. The MACD death cross at -18.99 reinforces downside momentum while RSI at 40.42 remains neutral, leaving room for further weakness before oversold conditions appear. With price inside the Bollinger Bands, the upper band at $2444.07 acts as short-term resistance and the lower band at $2125.77 as the next volatility target if the 21-Week SMA fails.