$ETH

ETH Monthly Outlook

Current Market Situation

• ETH Price: $2741.66 USDT

• 24-Hour Change: $-2.98%$

• 24-Hour High: $2832.39 USDT

• 24-Hour Low: $2600 USDT

• 24-Hour Trading Volume: $293172.02 ETH

• Fear and Greed Index: 49 (Neutral)

Support and Resistance

• Support Level: $2764.06 USDT

• Resistance Level: $2664.07 USDT

Technical Analysis

• RSI: Overbought (Sell Signal)

ETH is currently showing neutral market sentiment, however technical indicators are pointing to a possible decline as RSI is signaling overbought. This may lead to a price correction in the coming days.

Conclusion

Given the current data, ETH may have difficulty breaking the resistance level at 2764.06 USDT, and a rebound to the support level at 2664.07 USDT is possible. Investors should be cautious and monitor the market changes.

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