ETH: Today's Movement Analysis

Main takeaway: Ethereum (ETH) moderately increased, closing at **3809 USDT (+2.4%)**. The price fluctuated between 3740 and 3822 USDT.

Key points:

* **Growth started at night:** ETH rose after dropping below 3750 USDT to **3822.84 USDT** at midnight.

* **Volatility decreased:** Trading volume declined.

* **Support:** 3750–3760 USDT.

* **Resistance:** 3810–3820 USDT.

External factors:

1. **Increase in USDT:** The market responded to optimism due to an increase in USDT supply to $160 billion.

2. **High activity on Ethereum:** The total amount of locked assets exceeded $52 billion.

3. **Strengthening altcoin season:** The seasonality index rose to 52.

Forecast:

* If ETH holds above **3780–3800 USDT**, growth to **3850–3900 USDT** is possible.

* If it falls below **3750 USDT**, a pullback to **3700 USDT** is possible.

Track ETH movements on platform #Binance .

The information is not investment advice.