**ETH/USDT - Ethereum Grinds Higher**
**Current Price:** $1,834.06 (+0.34%)
**Market Sentiment:** **Neutral with Bullish Potential**
---
### **š Key Observations:**
1. **Price Action:**
- ETH is **testing MA(25) at $1,833.57** - critical pivot level
- Trading **between MAs** (MA7: $1,837.56 / MA99: $1,825.58)
- Volume **40% below average** (5.4K vs 8.9K MA5) ā Needs confirmation
2. **Critical Levels:**
- **Support:** $1,825 (MA99) ā $1,810 (24h low)
- **Resistance:** $1,837 (MA7) ā $1,850 (24h high)
3. **Indicators:**
- **RSI(6): 42.88** ā Neutral (Room to run if buying comes in)
- **MACD Missing** (Would help confirm momentum)
---
### **š Trading Strategy:**
**Short-Term (Next 48h):**
ā **If Long:**
- Buy dips near **$1,825 (MA99)**
- Target **$1,850-1,871**
- Stop loss **$1,810**
ā **If Short:**
- Fade rallies near **$1,837 (MA7)**
- Target **$1,825-1,810**
- Stop loss **$1,850**
**Medium-Term (1-4 Weeks):**
- Bullish if:
- Breaks **$1,850** with volume ā Targets $1,900+
- ETH ETF news/upgrades
- Bearish if:
- Loses **$1,810** ā Could test $1,750
---
### **š” Final Thought:**
ETH is **coiling for a move** after months of underperformance (-36.92% 90D). Watch for:
- **Volume surge** to confirm direction
- **BTC correlation** (ETH often follows BTC's lead)
**š· Tags:** #Ethereum #ETH #crypto #trading
*(DYOR - Not financial advice!)*