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Ethereum Price Falters as Momentum Stalls Near Resistance

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ETH
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Ethereum's price has stabilized above $2,670 as it approaches resistance, but momentum is stalling on shorter timeframes.

The daily chart shows a clear bullish trend, with ETH sitting above all major EMAs and RSI at 67.48, indicating healthy but not overheated momentum.

However, the 15-minute MACD has turned negative, signaling a short-term pause right at resistance.

The Fear & Greed Index reads 70, classified as Greed, which aligns with a market that has been trending higher and where participants lean risk-on.

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