$ETH /USDT, the current price of Ethereum (ETH) is $3,428.98, showing a 24-hour increase of 2.34%. The Moving Averages (MA) indicate a short-term bullish trend, with the MA(7) at 3,430.87 slightly above the MA(25) at 3,457.43, suggesting potential upward momentum. However, the longer-term MA(99) at 3,403.44 indicates a slight bearish sentiment. The 24-hour high was at $3,498.59, with a trading volume of 308,386.90 ETH, and the low was $3,328.00 with a volume of 1.05 billion USDT. The current market depth on Binance shows support around $3,389.58 and resistance at $3,403.57. Considering these factors, traders might consider a cautious bullish approach, monitoring for confirmation above resistance levels for potential upward movement in the short term.