ETH/USDT
Chart View:
A rapid spike and fall are shown in the last few seconds. The price peaked at $2,638.43, followed by a sharp decline.
Red candles dominate the recent moments, showing a short-term downtrend.
Yellow and purple lines indicate MA(5) and MA(10) values (short-term moving averages), both hovering around 1.5754 and 1.3015, respectively.
Volume Bars:
Notable volume spike around 10:24, indicating sudden buying/selling activity.
Volume has dropped back to near-zero, suggesting the high activity was momentary.
Historical Performance (Bottom Bar):
Today: -0.51%
7 Days: -0.81%
30 Days: +44.47% (strong positive trend)
90 Days: +18.34%
180 Days: -28.16%
1 Year: -29.83%
Suggestions:
Short-Term (Intraday) Traders:
Caution: The sharp spike and immediate drop indicate potential whale activity or bot trading, making short-term moves risky.
Watch for volume and confirmation candles before entering a trade.
Consider using tight stop-losses due to high volatility.
Swing/Medium-Term Traders:
The 30-day trend is strongly positive (+44.47%), suggesting recovery or upward momentum.
Consider waiting for retracement support (possibly in the $2,550–$2,600 range) before entering new positions.
Long-Term Investors:
The long-term trend is still negative over the 180-day and 1-year periods.
If you're holding or planning to invest long-term, accumulation in dips and dollar-cost averaging (DCA) may be prudent strategies.
Stay informed about broader $ETH
ETH news and potential catalysts (e.g., ETH 2.0 updates, macro events).