and technical correction in the market. Here is a simple analysis based on the following chart data:

Current Status of Ethereum (ETH/USDT):

- Current Price: $3,575.03 2.53% Down in the last 24 hours.

- 24-Hour Range: $3,502.85 Low to $3,698.00 High.

- Key Indicators:

- EMA(7): $3,588.87 Above Current Price ← Short-Term Pressure.

- EMA 25: $3,622.46 ← Medium-Term Resistance.

- EMA 99: $3,647.42 ← Long-Term Trend Negative.

- Bollinger Bands: Price is near the lower band $3,553.14, which is a sign of oversold.

Are Ethereum ETFs roaring?

✅ Yes, temporarily:

- Despite the anniversary of Spot Ether ETFs, the price continues to decline.

- Main reasons:

1. Market Fear: Big investors are taking profits.

2. Technical Pressure: Both EMA(7) and EMA(25) are above the current price.

3. Volume: 24-hour volume is $3.06B, indicating strong selling.

⏳ Long-term optimism:

- ETH is still +102.70% up in 90 days, indicating fundamental strength.

Is the ALT season over?

❌ No, not completely over, but a temporary pause is underway:

- Symptoms of the ALT season:

- Smaller coins (Altcoins) usually move after ETH. The decline in ETH affected them as well.

- ETH is up +55.08% in 30 days, which still shows a positive trend.

- Warnings:

- If ETH falls below $3,500, a major drop in Altcoins could occur.

- Indicators such as RSI and MACD are currently in the negative zone.

Next possible scenarios:

1. If support breaks ($3,500):

- The decline will continue, the ALT season will slow down further.

2. If the price goes above $3,600:

- There will be a technical recovery, ALT season may resume.

3. Key triggers:

- US Fed policy, Ethereum network updates, or large investor buying.

Simply put advice:

> The recent decline in Ethereum and Altcoins is a healthy market correction. Don't panic, but be cautious. $3,500 is a key support. If ETH holds, ALT season may return soon. For long-term investors, this dip could be a buying opportunity.

✅ Key levels to watch:

- Support: $3,500 → then $3,488 according to the chart.

- Resistance: $3,600 → then $3,700.

If you need more data (like RSI/MACD), let me know! 📉