$ETH
is trading at $2,376.44, reflecting a 3.87% gain over the past 24 hours, with a high of $2,393.63 and a low of $2,263.29. Short-term moving averages like MA(7) at $2,378.31 and MA(25) at $2,338.97 suggest a slight bullish trend, but resistance near the 24h high of $2,393.63 could limit further gains. The trading volume (303,676.44 ETH) and USDT volume (703.11M) indicate strong market interest, though longer-term trends reflect bearishness, with ETH down 30.14% over 90 days and 30.05% over 180 days. Despite the recent short-term gains, the market remains cautious, and traders should watch for potential profit-taking or pullbacks as ETH faces resistance levels. However, with a 46.26% increase over the past year, the long-term outlook remains optimistic if support levels hold.
