Signal: Watch for Breakout — Neutral to Bullish Bias
ETH/USDT is trading at $1,800.19 after recovering from a low of $1,385.05. It’s holding above the 25-day MA ($1,711) and near the 7-day MA ($1,816), indicating short-term strength. However, the 99-day MA remains distant at $2,150, signaling long-term bearish pressure. The price is consolidating with reduced volume, suggesting an upcoming breakout move. A close above $1,820 may trigger a push to $1,850–$1,900. But if it drops below $1,770, correction to $1,710 or lower is possible. For the next 12 hours, stay cautious—consider buying only on breakout above $1,820 with a stop-loss near $1,770.