The ETH/USDT perpetual futures on Binance are currently trading at $2,544.52, showing a modest 0.67% gain for the day. Over the past 24 hours, the price has ranged between a low of $2,457.60 and a high of $2,553.00, with a total volume of 4.04 million ETH, valued at approximately $10.11 billion USDT. The price is testing key short-term moving averages, with MA(7) at $2,525.98, MA(25) at $2,510.02, and MA(99) at $2,575.35, suggesting a potential bullish reversal. The RSI(6) stands at 71.82, indicating overbought conditions and the possibility of a pullback. Despite a 1.36% gain today and a 41.30% rise over the past 30 days, ETH has seen a 4.35% decline over 90 days, and deeper losses of -23.77% and -32.16% over the last 180 days and one year, respectively, showing persistent long-term weakness despite recent recovery momentum.
