The ETH/USDT perpetual futures on Binance is trading at $2,645.33, showing a solid intraday gain of +1.13%. Over the past 24 hours, Ethereum's price has fluctuated between a low of $2,563.00 and a high of $2,654.98, suggesting upward momentum with some resistance near the daily peak. Key moving averages show bullish alignment, with MA(7) at $2,634.64, MA(25) at $2,618.61, and MA(99) at $2,555.23, indicating that the short-term trend is supportive of continued gains. The RSI(6) is at 71.09, entering overbought territory, signaling potential caution ahead for short-term traders. Trading volume is also strong, with 4.54 million ETH exchanged in the last 24 hours, equivalent to $11.89 billion, reflecting high interest and liquidity. From a broader performance view, ETH perpetual futures are up +1.64% today, and +44.79% over the last 30 days, with +20.84% in the last 90 days, demonstrating notable mid-term strength. However, over the longer term, ETH has declined -32.25% over the past 180 days and -29.87% in the last year, indicating that the current rally may be part of a recovery phase from previous downtrends.

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