$ETH
Today, I looked at the ETH/USDT chart and noticed some interesting movements. The price is currently around $1784, showing a slight daily increase of about 0.55%. It feels like a little life is coming back into the market.
If you observe closely, small indicators like MACD and RSI suggest that buyers are gaining some confidence. The RSI is around 54, which means it's neither overbought nor oversold. In simple words, the market can still move either way, but the overall mood looks slightly positive.
For short-term trading, there seems to be a decent opportunity. However, for long-term investments, it might be wise to wait a bit longer for stronger confirmations.
Just a reminder: trading always carries risk, so move carefully and make thoughtful decisions. Best wishes to everyone!