$ETH Hello Binance community! Ready for a new express analysis of ETH/USDT? Let's go for it.

Ethereum just hit a new intraday high at $2,608, and although it has slightly corrected to $2,543, it continues to show solid bullish strength. The 7 and 25-period moving averages are practically aligned with the current price, suggesting a consolidation phase after a strong rally.

The 99-period moving average (MA99) remains much lower, at $2,472, acting as a key dynamic support. Additionally, the volume has decreased from the recent peak, indicating that sellers have not yet regained control.

What's the play?

1. If you are in, you could hold your position as long as the price stays above the MA99.

2. If you are out, a good entry could be between $2,470 and $2,490, in case of a technical pullback.

3. Watch for a breakout above $2,610, which could open the door to $2,700-$2,800.

Conclusion: Ethereum is consolidating with good continuation signals. But always with stop loss and risk management! Are you already in or waiting for the pullback?

Leave us your strategies below!