The current price of Ethereum (ETHUSDT Perpetual Futures) stands at $1,838.00, reflecting a -0.44% decline in the last 24 hours. The 24-hour high was $1,871.06 and the low was $1,812.00, with a trading volume of 4.25 million ETH or approximately $7.81 billion USDT. The mark price is almost equal to the last traded price at $1,838.05, suggesting that the perpetual futures market is in equilibrium with spot pricing.
From a technical standpoint, the price is hovering close to the 25-day MA ($1,838.02) and just below the 7-day MA ($1,840.49), indicating slight near-term bearish pressure. However, the 99-day MA ($1,817.43) remains below the current price, serving as support and a potential bounce zone. The RSI (6) reads 46.79, which is neutral and suggests a wait-and-see sentiment from traders — not yet in overbought or oversold territory.
In the volume section, there is a visible decline in buying interest after an earlier surge, reflected in diminishing green candles and lighter volume bars. Despite a recent rejection near $1,872.71, Ethereum has shown resilience by bouncing above the $1,800 support area.
Overall, ETH perpetual futures on Binance are in a consolidation phase with no clear breakout direction yet. Short-term sentiment leans slightly bearish, but the broader trend may stay intact if Ethereum holds above its long-term moving average and does not drop below $1,800. A breakout above $1,850–$1,860 would be required to regain bullish momentum.