Technical analysis by AmirAliTrading about Symbol ETH on 20 hour ago

As you can see in the 4H chart of ETHUSDT, after the CPI news, ETHUSDT managed to bounce up from the Daily Bullish OB, going as high as 2997, just a bit short of 3000. However, after the initial surge, ETH experienced a major drop in price and dropped all the way to 2775. At the moment it's being traded at 2950, there's hope for it to go through the 3000 level, but it needs a strong, meaningful move to the upside, something that it's lacking at the moment. Pay close attention to the 3017-3125 FVG zone, as it's likely to see yet another reaction there.