$ETH The ETH/USDT market is experiencing a strong upward trend, with a price increase of +8.19% in the last 24 hours, surpassing the old resistance level and reaching a peak of 2,798.76 USDT. The EMA(7), EMA(25), and EMA(99) indicators signal a bullish trend. The RSI(6) has reached 77.02, indicating that the market is entering the overbought territory. The MACD also shows positive signals with a strong increase in the histogram. However, caution is advised regarding the possibility of a short-term correction after the strong increase. Investors should consider taking partial profits or waiting for a new entry point when the price corrects to the support range around 2,620 – 2,640 USDT.