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ethfutures

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Asean Crypto
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{future}(ETHUSDT) The ETHUSDT Perpetual Futures pair is currently trading at $1,841.42, showing a modest +0.18% increase in the last 24 hours. The mark price is slightly higher at $1,841.66, indicating price stability. The 24-hour high reached $1,848.00, while the low dipped to $1,807.75, showing moderate intraday volatility. Trading volume over the past 24 hours reached 2.68 million ETH, equivalent to approximately $4.90 billion, which reflects healthy market participation. From a technical perspective, short-term momentum is building. The 7-period MA (yellow) at $1,835.37 has recently crossed above the 25-period MA (pink) at $1,831.76, suggesting a bullish crossover that may signal continued upward movement. Price has rebounded from its recent low of $1,807.75 and is approaching short-term resistance near $1,848.00. The RSI (6) is at 69.47, nearing overbought territory, which may indicate that the asset is gaining bullish momentum but also could face a pullback if it crosses above 70. Volume analysis shows a recent surge in buying activity, supporting the upward move. However, broader timeframes still reflect bearish volume trends, with 30-day and 90-day volume down -38.92% and -23.72% respectively, implying that the current rally is still developing and not yet confirmed by longer-term participation. In summary, ETHUSDT perpetual futures are currently showing short-term bullish strength, supported by a moving average crossover and increasing RSI. Traders should monitor resistance at $1,848.00 and RSI behavior near the overbought zone for signs of continuation or reversal. $ETH #EconomicAlert #ethfutures #AppleCryptoUpdate
The ETHUSDT Perpetual Futures pair is currently trading at $1,841.42, showing a modest +0.18% increase in the last 24 hours. The mark price is slightly higher at $1,841.66, indicating price stability. The 24-hour high reached $1,848.00, while the low dipped to $1,807.75, showing moderate intraday volatility. Trading volume over the past 24 hours reached 2.68 million ETH, equivalent to approximately $4.90 billion, which reflects healthy market participation.

From a technical perspective, short-term momentum is building. The 7-period MA (yellow) at $1,835.37 has recently crossed above the 25-period MA (pink) at $1,831.76, suggesting a bullish crossover that may signal continued upward movement. Price has rebounded from its recent low of $1,807.75 and is approaching short-term resistance near $1,848.00. The RSI (6) is at 69.47, nearing overbought territory, which may indicate that the asset is gaining bullish momentum but also could face a pullback if it crosses above 70.

Volume analysis shows a recent surge in buying activity, supporting the upward move. However, broader timeframes still reflect bearish volume trends, with 30-day and 90-day volume down -38.92% and -23.72% respectively, implying that the current rally is still developing and not yet confirmed by longer-term participation.

In summary, ETHUSDT perpetual futures are currently showing short-term bullish strength, supported by a moving average crossover and increasing RSI. Traders should monitor resistance at $1,848.00 and RSI behavior near the overbought zone for signs of continuation or reversal.

$ETH
#EconomicAlert
#ethfutures
#AppleCryptoUpdate
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Bearish
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