ETHUSD seeks to relieve short-term bearish pressure (Analysis – 12-01-2026).

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ETHUSD surged during its latest intraday session, attempting to overcome the negative pressure from the EMA50 and signaling a recovery that could support further intraday gains. The rise aligns with the dominant short-term bullish trend, as prices continue to trade along a minor supporting trend line. This upward movement occurred despite the emergence of negative signals from the relative strength indicators after reaching overbought levels, reflecting the strength and volume behind the bullish momentum.

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