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$ETH
ETH/USDT Market Prediction (Short-Term Analysis)

Key Observations:

Current Price: $1,971.94

24H Change: -2.83%

24H High: $2,069.90

24H Low: $1,952.17

ETH 24H Volume: 426,197.95 ETH

USDT 24H Volume: 853.54M USDT

Recent High Before Drop: $2,010.66

Recent Low: $1,952.17

Trend Analysis:

Downtrend: ETH dropped from $2,010.66 to $1,952.17, showing a bearish trend.

Recovery Attempt: The price is slightly rebounding but still struggling to break resistance at $1,975.

Sideways Movement: ETH is trading in a narrow range between $1,962 - $1,974, indicating possible consolidation.

Market Sentiment:

Buy/Sell Ratio: 47.19% buyers vs. 52.81% sellers, indicating slight bearish dominance.

Short-Term Momentum: Buyers are attempting to push the price up, but sellers are still strong.

Possible Scenarios:

1. Bullish Case: If ETH breaks above $1,975, it could move toward $1,987 - $2,000.

2. Bearish Case: If ETH drops below $1,962, it could fall to $1,950 - $1,940.

Trading Plan:

Long Entry: Buy if ETH breaks above $1,975, targeting $1,987 - $2,000.

Short Entry: Sell if ETH breaks below $1,962, targeting $1,950 - $1,940.