$ETH

/USDT Technical Analysis Report (1H Chart)

Ethereum (ETH/USDT) is currently stabilizing at $2,531.19 after rebounding from a sharp dip that touched a critical support at $2,436.98. With a minor intraday gain of +0.06%, ETH is displaying signs of consolidation and potential recovery. The strong bounce from the 24h low and sustained order book dominance by buyers (65.58%) suggest accumulation in this range. Volume remains robust, with 1.34M ETH and 3.41B USDT exchanged in 24 hours, indicating continued interest from both retail and institutional traders.

The short-term structure shows a potential reversal as ETH forms higher lows, hinting at a possible bullish continuation if it breaks above $2,570 resistance. Traders should watch closely for momentum signals from MACD and RSI, as another push could target the $2,644–$2,738 zone. The 90-day gain of +30.96% keeps the mid-term outlook favorable. If bulls hold control and break this consolidation pattern, ETH might deliver a strong upward move—this setup is ripe with opportunity for strategic long entries.