ETH/USDT is currently trading at $2,565.71, marking a modest +0.67% recovery after a steep pullback from its recent high of $2,680.34. Despite this brief rebound, Ethereum has broken below the 7-day MA ($2,629.04) and the 25-day MA ($2,610.50), signaling potential short-term weakness. The 99-day MA at $2,555.78 is being tested as a key support zone. A further decline below this level may trigger more selling pressure. The RSI has dropped to 22.21, which is in deep oversold territory, suggesting that bearish momentum is high but also hinting at a possible technical bounce. Volume has surged significantly, with over 44.8 million recorded, indicating strong trader interest, likely due to panic selling or major profit-taking. Over the longer term, Ethereum still holds gains of +3.99% over the past 30 days and +35.92% over 90 days, but the -33.74% drop over the past 180 days and -28.64% over one year reflect lingering market pressure. Overall, while the mid-term uptrend remains intact, short-term caution is advised unless ETH can regain support above the 25-day MA with RSI recovery.

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