$ETH
Current Market Position: Bullish
1. Price Action:
- Current Price: 3,706.49 USDT
- 24h Change: +4.37% (significant upward movement).
- Price is above key moving averages (MA7, MA25, MA99), indicating bullish momentum.
2. Moving Averages (Trend Confirmation):
- MA(7): 3,406.40 (price is well above, short-term bullish).
- MA(25): 2,840.71 (price is far above, medium-term bullish).
- MA(99)*: 2,407.62 (price is significantly above, long-term bullish).
3. MACD (Momentum):
- **DIF (280.66) > DEA (192.45)** → Positive momentum.
- **MACD histogram (88.21)**: Bullish divergence.
4. **Volume**:
- 24h Volume: **1.94B USDT** (high liquidity, supporting the uptrend).
5. **Key Levels**:
- **24h High**: 3,727.34 (near resistance).
- **24h Low**: 3,526.44 (support level).