$ETH USDT Market Update
Ethereum is trading at 1,657.53, down 6.06% over the last 24 hours. The price remains below the Supertrend level at 1,671.55 on the 15-minute timeframe, confirming that bearish momentum is still dominant.
Current Price: 1,657.53
24H High: 1,779.00
24H Low: 1,633.33
Supertrend Resistance: 1,671.55
Trend: Bearish
Despite a small recovery from the day's low, buyers have not yet regained control. The market continues to trade under key resistance, suggesting that selling pressure remains active. A sustained move above 1,671.55 could improve short-term sentiment, while failure to hold current levels may lead to another test of support near 1,633.33.
Market sentiment remains cautious as traders watch for confirmation of either a stronger rebound or further downside continuation.
