Below is an overview analysis of the ETHUSDT market

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📈 1. Price Chart Analysis

• Current price: 3,563.38 USDT (+2.65%)

• 24h volatility:

• Highest price: 3,674.43

• Lowest price: 3,450.72

• Technical indicators:

• Bollinger Bands: Price has just bounced from the lower band → may be a sign of recovery after adjustment.

• MACD: MACD line crosses above Signal → positive sign (bullish crossover).

• Volume (VOL): Not a strong spike but there is certain buying pressure.

=> Assessment: ETH is technically recovering after a short-term adjustment. If it breaks through the 3,600 zone, the upward trend will be further solidified.

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📊 2. Trading Data

• Open Interest: Slightly fluctuating around the 2 million mark, but showing a gradual decline → Some investors are taking profits or reducing leverage.

• Long/Short ratio of top traders:

• Long ratio is slightly dominant (about 63–65%)

• Short is declining → confidence in the upward trend is gradually being reinforced.

=> Assessment: Market sentiment leans towards Long but remains cautious.

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🪙 3. Fundamental Information #AltcoinSeasonLoading

• Market capitalization: $430.21B (ranked #2 after BTC)

• Market dominance: 11%

• 24h trading volume: $61.33B

• Issuance price: $0.308 → huge ROI

• ATH (All-time High): $4,891 (11/2021) → currently about 27% lower than ATH.

=> Assessment: ETH still has a lot of room for growth if BTC maintains its uptrend or if there is a strong breakout from ETH 2.0, AI, DeFi, NFT…

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🧭 Conclusion & Proposed Strategy