#ETHBreaks2 k
Check out the Binance ETH/USDT chart on the 1-hour timeframe—here’s a quick breakdown:
📊 Price Overview
Current Price: $2,010.10 (+3.68% 📈)
24h High: $2,069.90
24h Low: $1,930.99
24h Volume: 671,614.48 ETH (~$1.36B USDT)
📈 Moving Averages
MA(7) - Short-term (Yellow): $2,020.65 🟡 (recent trend)
MA(25) - Medium-term (Pink): $2,017.14 💗 (moderate trend)
MA(99) - Long-term (Purple): $1,935.96 💜 (overall trend)
🔥 Market Behavior
ETH rallied from $1,873.60 to $2,069.90, but is now pulling back slightly.
The MA(7) is curving down, signaling a potential short-term pullback.
📊 Volume & Sentiment
Green volume bars spiked during the uptrend = strong buying interest.
Red volume bars appearing now = selling pressure increasing.
Order Book: 87.02% buyers vs 12.98% sellers—bullish sentiment still strong.
⏳ Performance Snapshot
Today: -1.85% 📉
7 Days: +7.39% ✅
30 Days: -26.26% ❌
90 Days: -44.49% ❌
1 Year: -39.60% ❌
🔍 Key Takeaways:
Short-term: ETH is cooling off after hitting $2,069.90 but remains above key moving averages.
Medium-term: Volume drop and bearish short-term MA hint at caution.
Long-term: Still in a broader downtrend despite recent recovery.
🚀 Watch Levels:
Above $1,993: Possible recovery.
Below $1,935: Could trigger further downside.