Here's a quick snapshot and analysis of the $ETH
/USDT pair based on your data:
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ETH/USDT Overview
Current Price: $2,604.20
Change: -3.15% (moderate pullback)
24h High / Low: $2,738.50 / $2,547.26
24h Volume:
ETH: 1.01M
USDT: 2.67B
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Funding Rates Insight
Funding Rates (All Exchanges): Mostly positive but moderating, hovering around 0.01–0.12%
Suggests bullish sentiment, but with cooling leverage — possibly due to price pullback.
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Technical Notes
Currently near local support at ~$2,550
Resistance around $2,725–2,740 (recent high)
Price is in a correction phase, likely from profit-taking or macro pressure
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Outlook & Considerations
If ETH holds above $2,550, it may consolidate before the next move.
Watch funding rate spikes or dips for signs of short-term sentiment reversals.
Break below $2,547 might test $2,500 psychological support.
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