The ETH/USDT perpetual futures on Binance are currently trading at $2,524.15, reflecting a -0.25% decrease over the past 24 hours. The price has ranged between a low of $2,438.39 and a high of $2,588.00, with a 24-hour trading volume of 6.95 million ETH, equivalent to approximately $17.46 billion USDT. Technically, the market is showing a recovery from recent lows, with the 7-period moving average at $2,501.30 crossing above the 25-period MA at $2,515.13, while the 99-period MA stands at $2,484.22. The Relative Strength Index (RSI) at 63.24 suggests moderately strong momentum but not yet in overbought territory. In terms of performance, ETH futures have gained 2.00% today, but are down 2.80% over the past 7 days. However, the 30-day gain is significant at 59.71%, indicating strong recent momentum. On the downside, ETH futures have dropped 6.87% over 90 days, 24.29% over 180 days, and 19.45% over the past year, highlighting persistent long-term bearish pressure despite short-term gains.
