$BTC

The current status of ETH/USDT shows the following:

Technical Data:

Current Price: 93,009

Highest Price in 24 Hours: 94,212

Lowest Price in 24 Hours: 91,662

Highest Recent Candle: 94,779

Moving Averages:

MA5 = 90,566 (Trading price above it = positive)

MA10 = 87,502 (Trading price much higher = strong momentum)

MA20 = 84,586 (Supports the upward trend)

Candles: The last 5 strong green candles followed by a small candle (indicates slowing momentum or the beginning of a temporary correction)

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Quick Analysis:

General Trend: Clearly upward.

Current Resistance Area: 94,700 - 95,000 (If broken consistently, we are talking about 97,000 to 100,000 as a possible target).

First Support Area: 91,000 - 90,500 (Close to MA5).

Main Support Area: 87,500 - 85,000 (MA10 + previous break level).

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Is the situation dangerous?

Not now, but the current candle is small and shows some hesitation; if it closes today as a doji or red candle, we might see a slight correction before trying to rise again.

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Conclusion:

As long as the price is above 91,000 and especially above MA5, the trend is upward.

Breaking 90K might lead us to a deeper correction towards 87K.

A daily break above 94,800 opens the way towards 97K.

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