#EthereumFuture Ethereum is showing signs of a short-term recovery after a prolonged downtrend. The price recently bounced from a low of 1383 USDC and is now trading around 1801 USDC. This movement has pushed ETH above the short-term EMAs (7 and 25), which can be an early signal of trend reversal. However, the long-term EMA(99) is still far above, near 2188 USDC, suggesting that ETH still has a lot of ground to recover in the bigger picture.

Another notable factor is the RSI(6) reaching 73, entering the overbought zone. This means some caution is needed, as a short-term pullback may occur. On the positive side, volume has increased, which adds credibility to the current momentum.

If ETH manages to hold above 1750 and breaks the 1850–1900 resistance, the next major zone is around 2100–2200. The next few days will be key to confirming whether this bounce is sustainable.