#ETH🔥🔥🔥🔥 $ETH $BTC $SOL 🚨 ETH/USDT Price Analysis & Prediction 🚨

📉 Current Price: $3,648.81 (-6.07%)

📈 24h High: $3,907.19

📉 24h Low: $3,617.42

Market Overview:

Ethereum (ETH) is currently experiencing a downward trend, dipping from its recent high of $3,907 to a low of $3,617. The Bollinger Bands (BOLL) show significant volatility, with the upper band at $3,727 and the lower band at $3,619. The price is currently trading near the lower band, indicating possible overselling pressure.

Volume Analysis:

24h trading volume remains high at 732K ETH, showing strong market activity. However, a spike in sell volume hints at bearish sentiment dominating the short term.

Indicators to Watch:

Support Level: $3,617. If ETH holds this level, a potential bounce toward $3,705 is possible.

Resistance Level: $3,727. ETH must break above this level to reverse the bearish trend.

Moving Averages (MA): The 5-day MA is at $8,397, while the 10-day MA is slightly above, signalingshort-term downward momentum.

🔮 Price Prediction:

If ETH maintains support around $3,617 and buying pressure increases, we could see a rebound towards $3,700–$3,750. However, failure to hold this support may lead to further declines toward $3,570.

📊 Outlook: Cautiously Bearish 📉

Short-term traders should stay vigilant for a reversal signal or confirmation of a support break.