$ETH
Ethereum's current trend appears to be slightly bullish, with a 1.29% price increase. The current price is $1,796.55, and technical indicators flash buy signals, with the RSI above its neutral level. However, Ethereum faces resistance at $1,800 and the 50-day SMA hurdle. Recent whale activity shows 305,000 ETH ($540 million) transferred to exchanges, potentially precursor to large-scale sell-offs. With an upcoming $808.3 million options expiry, market volatility is expected. Considering these factors, I'd predict a short-term bullish trend, but caution is advised due to potential price swings.
