Ethereum (ETH/USDT) Technical Snapshot 📉
Ethereum (ETH) is currently trading at $4,284.23, showing a -1.67% decline in the last 24 hours. The market remains active with a $1.90B trading volume, reflecting strong participation despite the price dip.
🔑 Key Metrics
Current Price: $4,284.23
24h High: $4,381.87
24h Low: $4,276.76
24h Change: -1.67%
Volume (24h): $1.90B
📊 Technical Outlook
MA(7): $4,312.01
MA(25): $4,305.75
MA(99): $4,416.67
ETH is currently trading below all three major moving averages which signals a short-term bearish outlook. The close alignment of the 7-day and 25-day MAs indicates consolidation and market indecision.
⚖️ Market Sentiment
Bulls are trying to push for recovery while bears hold resistance. If ETH stays below $4,310 pressure may increase further. A breakout above the 99-day MA at $4,416 could bring back bullish momentum.
✅ Key support: $4,276
✅ Key resistance: $4,416
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