ETH/USDT – Market Analysis & Outlook
Ethereum is trading around 4,715 USDT (+9.32%), showing strong upside momentum after reclaiming the 4,700 level. The surge came on the back of high trading volume (6.14B USDT), bringing ETH closer to its recent peak of 4,887 USDT.
📊 Technical View:
Support Zones: 4,600 – 4,500
Resistance Zones: 4,880 – 4,920 (critical barrier)
Trend: Bullish, but nearing overbought levels
Volume: Rising steadily, confirming demand
📈 Short-Term Outlook:
A breakout above 4,920 with strong volume could open the door to 5,050–5,100.
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