Ethereum price (ETHUSD) declined during its recent intraday trading, amid the dominance of the main bearish trend, moving alongside a minor supportive trendline for this downward path, with the continuation of the negative pressure from trading below its EMA50, which reduces the chances of a full recovery in the near term, especially as a negative crossover has started to appear on the relative strength indicators after reaching heavily overbought levels. This increases the downside pressure surrounding the price in the coming period.