Technical Analysis:
- Resistance Levels: Based on the Bollinger Bands (BB), the upper resistance level is around $3,974.69.
- Support Levels: There is no specific support level provided in the data.
Fundamental Analysis:
- Market Cap: The current market capitalization of Ethereum is approximately $479 billion.
- Circulating Supply: The circulating supply of Ethereum is about 120 million ETH.
- 24-hour Trading Volume: The trading volume in the last 24 hours is around $7.4 billion.
- Volatility: The one-day volatility value stands at 0.6276, indicating a moderate level of price fluctuation.
- NVT Ratio: The NVT ratio, calculated by dividing the market cap by the daily transaction volume, is around 38.5. A higher NVT ratio could suggest overvaluation.
- Average Transaction Size: The average transaction size in USD is approximately $10,302.52.
- Active Addresses Ratio: About 52.3% of all addresses are currently active.
Performance:
- Performance over Different Timeframes: Ethereum has shown positive returns over various timeframes, including 1 month (1.73%), year-to-date (39.40%), 1 year (30.41%), and 5 years (594.41%).
- Short-term SMA (SMA20): The 20-day simple moving average is at $3,308.79.
- Medium-term SMA (SMA50): The 50-day simple moving average stands at $2,780.58.
- Long-term SMA (SMA200): The 200-day simple moving average is at $2,145.22.
Based on this analysis, it's important to note that support levels were not specifically provided in the data. Technical analysis suggests a resistance level around $3,974.69, while oscillators indicate an overbought condition for Ethereum. Additionally, the positive performance across different timeframes suggests a strong market trend, supported by active development (GitHub commits) and positive sentiment on Telegram. However, it is crucial to consider other factors and conduct further analysis before making any investment decisions.