Ethereum (ETH) Trend Analysis

From this screenshot of the trading interface, the latest price of the ETH/USDT perpetual contract is $4,783.36, up 0.95% from before, with a marked price of $4,783.44. In the last 24 hours, the highest price reached $4,816.55 and the lowest price was $4,689.95, with a trading volume of up to $13.619 billion (in USDT), indicating high market activity.

From the technical indicators, the chart shows the EMA (Exponential Moving Average), where EMA(7) is 4,781.19, and EMA(25

Title: Ethereum Shows Strong Momentum, Bullish Trend Clearly

Friends, let's talk about the recent performance of Ethereum (ETH)! From Binance's trading interface data, we can see that the price of the ETH/USDT perpetual contract is now $4,783.36, an increase of 0.95% compared to before. In the last 24 hours, the highest price surged to $4,816.55, and the trading volume is particularly impressive, at $13.619 billion (in USDT), indicating a high market enthusiasm!

Looking at the technical indicators again, the EMA line short-term crosses above the long-term, which is a typical bullish signal. From the daily level, after a price correction, it starts to rise again, and the trading volume remains high, showing strong bullish momentum. Moreover, whether looking at today, or the past 7 days or 30 days, ETH has shown a delightful upward trend; this short to mid-term upward trend is very evident.

However, we all know that in cryptocurrency trading, the market changes faster than changing faces; policies and panic emotions can also impact prices. Therefore, although ETH looks strong now, we cannot let our guard down; we still need to be prepared for the risks. What do you think about the upcoming trend of ETH? Feel free to share your thoughts in the comments!

During your journey with Ethereum, keep an eye on the primary market myth MUA, as it follows the mainstream of Ethereum!

#MUA The super big golden dog in the primary market is rising!