📊 2026-02-19 ETH Technical Analysis (as of 13:50)
Current Price: approximately $1,965 (intraday oscillation slightly weak, following BTC weakness)
1. Short-term Trend (1H/4H)
- Structure: Oscillating downward since the $2,150 high, with lower highs, 4H bearish dominance
- Moving Averages: 4H/120-minute bearish alignment, $1,990–$2,000 as short-term strong resistance
- Bollinger Bands: 4H bands trending downward, upper band at $2,030, middle band at $1,970 both acting as resistance
- Oversold Rebound: Hourly RSI shows a rebound from low levels, weak rebound during the white session facing resi
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