$ETH

Currently, ETH is fluctuating around 2570-2630 USDT, showing certain volatility over the last 24 hours. After a recent test of support at the 200-day moving average, it showed a rebound, but bearish pressure is still present.

In the short term, forecasts appear contradictory. Some technical analysts suggest that by maintaining the current support, ETH may retest the psychological resistance at the 2700-2900 USDT level. However, the Daily RSI indicates a potentially overbought market, suggesting a potential correction to 2400-2500 USDT in the event of a pullback.

The coming hours and days will be crucial in determining ETH's direction, influenced by the overall market sentiment and possible macroeconomic news. A decisive break above resistance or a breakdown below support will provide clearer signals.

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