![Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend](https://static.news.bitcoin.com/wp-content/uploads/2024/06/higgy678899hijj-768x432.jpg)
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of oscillators and moving averages suggest a continuation of the downward […]