The current price of Ethereum (ETH) perpetual futures (ETHUSDT) on Binance is $1,838.71, reflecting a 2.45% increase over the last 24 hours. The 24-hour high reached $1,872.71, while the low dropped to $1,791.26. The mark price is slightly above the last price at $1,839.05, indicating a fair alignment with the spot price. Technical indicators show that the 7-period moving average (MA7) is at $1,844.32, acting as a near-term resistance level. Meanwhile, the 25-period MA (MA25) sits at $1,828.68, offering immediate support, and the 99-period MA (MA99) at $1,805.01 provides a stronger long-term support level.
The Relative Strength Index (RSI) is currently at 46.39, which is within a neutral range, suggesting the market is neither overbought nor oversold. Trading volume in the last 24 hours stands at approximately 50.26 million ETH. However, volume data over longer periods reflects a decline, with a 90-day volume change of -45.95% and a 1-year decline of -36.37%. This shows weakening long-term trading interest despite short-term gains.
From a perpetual futures perspective, ETHUSDT is showing cautious bullish sentiment. The RSI’s neutral position and the price holding above the 25-day and 99-day MAs indicate potential for further upside, though traders remain conservative. A break above the MA7 level ($1,844) could lead to a retest of the $1,872 resistance, while a drop below $1,828 may expose Ethereum to bearish pressure down to the $1,805 support zone. Overall, ETH perpetual futures are stable but await stronger momentum to confirm direction.