Ethereum (ETH) against Tether (USDT) on the Binance exchange. It illustrates a descending triangle pattern, a technical analysis formation that often signals a potential bearish continuation. Key points:
Asset: Ethereum/TetherUS (ETH/USDT).
Exchange: Binance.
Pattern: Descending triangle, indicating possible downward price movement.
Current Price: $1,847.23 as of May 2, 2025, 19:30 UTC.
Timeframe: 1 day.
Recent High: $4,107.80.
Recent Low: $1,385.05.
Date: Chart data spans from September 2024 to May 2025.
