🚀 Current market status
$ETH is trading around $3,812 USD, with a slight decrease of approximately –0.6% over the last 24 hours. The intraday range has fluctuated between $3,779 and $3,940 USD, with trading volume close to $36 – 38 billion USD, while the market capitalization reaches approximately $459–460 billion USD.
🔍 General technical analysis
The technical outlook is mixed: on one hand, there is positive momentum, but there are also signs of potential cooling in the short term:
The RSI (14) shows a high value (~77%), indicating a condition close to overbought, although not extreme yet.
The Stochastic (9,6) is also at high levels (~99%), another sign of potential overbought.
The StochRSI (14) marks ~0.60, suggesting active but already saturated technical momentum.
The MACD (12,26) presents a positive value (~+300), reflecting sustained bullish momentum.
The ADX (14) is in the zone of ~45–48, confirming a defined trend with moderate strength.
The moving averages offer a "Strong Buy" signal, with most in an upward trend and few neutral signals; no "Sell" indicators are recorded.
In summary, although $ETH has bullish technical momentum, the saturated oscillators point to a probable consolidation or slight correction.
📌 Key supports and resistances
According to the latest pivot points:
Immediate support (S1 classic): ~$3,780 USD
Daily pivot: ~$3,828 USD
Immediate resistance (R1): ~$3,923 USD
If ETH breaks above ~$3,923–3,940 USD with volume, it could target more ambitious areas like $3,971–4,067 USD (R2/R3).
These levels coincide with recognized technical platforms like Bitget and Barchart.
📈 Technical summary
Ethereum maintains a clear bullish bias in the medium term, supported by a positive MACD and a relatively defined trend.
