Ethereum ($ETH

/JPY) Overview:

Current Price: ¥386,973 (~$2,675.42)

24h Change: +7.51% – strong bullish movement

24h High/Low:

High: ¥393,126

Low: ¥359,659

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Trading Volume:

24h ETH Volume: 4,319.24 ETH

24h JPY Volume: ¥1.64 billion

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Technical Indicators:

Recent Price Action:

Current price nearing 24h high, indicating upward momentum.

Funding Rates (Context from earlier chart):

Funding rates trending upwards toward 0.01–0.12%, suggesting bullish sentiment across derivatives markets.

Volume Data:

MA(5): 133.54

MA(10): 202.00

Suggests some decline in recent short-term volume, but overall still healthy.

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Support & Resistance:

Support: Around ¥359,659

Resistance: Immediate at ¥393,126, extended at ¥394,853

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Interpretation:

ETH appears to be in a breakout phase after a period of consolidation in May.

Rising funding rates and increased spot price signal market confidence.

JPY pair strength reflects interest from the Japanese crypto market or macro FX movements affecting local pricing.

#ETH #ETHETFsApproved #MarketRebound #Write2Earn #Write2Earn!