$ETH / $USDT Showing Steady Climb After Recent Volatility in the Layer 1 Space? 🤔

Taking a look at the $ETH / $USDT 4-hour chart on Binance.

We're seeing consistent upward movement, with the price currently at $1,807.01, up +0.53% in the last 4 hours and +1.85% overall. Ethereum continues to be a leading force in the Layer 1 / Layer ecosystem.

The 24-hour high reached $1,827.32, while the 24-hour low dipped to $1,757.25, indicating some intraday trading range. The 24-hour volume for $ETH is a substantial 571,960.42.

Looking at the recent performance, today shows a modest gain of 0.57%, with a solid 13.41% increase over the last 7 days.

However, the 30-day and 90-day views show corrections of -9.38% and -45.94% respectively. Zooming out, the 180-day and 1-year perspectives also show declines of -27.35% and -43.02%, suggesting a longer period of downward pressure despite the recent bullish momentum.

Do you think ETH is regaining its footing after the recent market fluctuations?

What are your short-term and mid-term expectations for Ethereum? Share your analysis and predictions below! 👇

#ETH #Ethereum #Binance #Crypto #Trading