$ETH

The ETH/USDT trading pair represents the exchange rate between Ethereum (ETH), the second-largest cryptocurrency by market capitalization, and Tether (USDT), a stablecoin pegged to the U.S. dollar. This pair is widely used on most major crypto exchanges, including Binance, Kraken, and Coinbase, due to its high liquidity and stable valuation structure. Trading ETH against USDT allows investors to enter or exit positions in Ethereum without converting to fiat currency, making it ideal for both short-term trades and long-term investment strategies. The stable nature of USDT helps reduce volatility, providing a more predictable trading environment. ETH/USDT is also popular among DeFi traders and those involved in Ethereum-based applications. Monitoring price action, volume, and market sentiment around this pair is essential for effective decision-making in crypto trading.