Futures Fun
Based on the ETH/USDT chart from Binance, the short-term outlook for ETH Futures is still positive. The price is around $1,792.83, up 1.57% in the last 24 hours. ETH is trading above the short-term moving averages (MA7, MA25, and MA99), showing a strong uptrend.
The RSI is at 65.99, close to the overbought area. This means the price could still move up but might face some resistance soon. ETH recently hit a high of $1,834.86 before pulling back slightly, showing a small correction.
Overall, ETH Futures remain bullish, but traders should be careful of possible price drops. Managing risk and avoiding buying at the top is important.