Ethereum price (ETHUSD) held onto strong gains in its recent intraday trading, successfully breaking through a short-term descending secondary trendline. This move coincided with the price surpassing the 50-period simple moving average, eliminating the negative pressures that had previously restrained its bullish movement. However, one obstacle remains: the need to ease the clear overbought conditions shown by the Relative Strength Index (RSI), which may limit its upcoming gains.

Brent crude oil price (BRENT) declined in its recent intraday trading, accompanied by negative signals from the Relative Strength Index (RSI), despite the indicator reaching oversold levels. The price is also under negative pressure due to trading below the 50-period simple moving average, which reinforces the stability and dominance of the short-term bearish trend, especially with price movements aligning along a secondary descending trendline. All these factors support the continuation of further losses in the coming period unless the price regains its nearby key resistance levels.