$ETH The current trend on the ETH/USDT 4-hour chart is bullish, based on the following:
Bullish Signals:
1. Price is above all key EMAs (7, 25, and 99) — indicating upward momentum.
2. MACD bullish crossover — MACD line is above the signal line with green histogram bars.
3. RSI near 69 — shows strong buying interest, but not yet overbought.
4. High volume breakout — confirms the strength of the move.
Caution:
• RSI nearing overbought territory suggests potential for a short-term pullback or consolidation, but overall trend remains bullish.