Ethereum Price Caught Between Daily Strength and Short-Term Weakness

The Ethereum price today is $2,650, caught between a strong daily trend and short-term weakness. The daily chart shows ETH above its 20-day, 50-day, and 200-day EMAs, forming a bullish moving-average stack.

However, the 1-hour and 15-minute charts show a bearish tilt, with RSI near oversold territory on the hourly chart and a fully inverted stack on the 15-minute chart. The MACD histogram has flipped negative on the shorter timeframes, signaling fading upside momentum.

The total crypto market cap fell 4.34% to roughly $2.84 trillion, while the Fear & Greed Index reads 74, solidly in 'Greed' territory. This odd combination of sentiment gauges and price action may lead to a volatility spike rather than a calm resolution.