Ethereum has decreased by 1.66%, now trading at $2,303, and is currently confined within a narrow 24-hour trading range of $2,252 to $2,342. The trading volume stands at a moderate $695 million USDT. Moving averages present conflicting indications: the 7-day moving average (MA7) sits at 2,155, acting as support below the current price, while both the 25-day moving average (MA25) at 2,566 and the 99-day moving average (MA99) at 2,932 are significantly higher, serving as critical resistance levels. The chart illustrates a severe downturn from a peak of approximately $4,755 recorded in December, with ETH now endeavoring to establish a new low. Performance statistics are underwhelming: a rise of 4.7% over the past week, 8.4% over the last month, yet drops of 28% over three months and 43% over six months. In contrast, the one-year figure is a gain of 43%, indicating a positive annual trend. At present, ETH remains trapped in a range from $2,150 to $2,560, with no definitive breakout observable. One must exercise patience.@eth_ #ETH $ETH
ETH
2,283.96
-1.61%
BTC
76,588.73
-1.63%
BNB
622.57
-0.87%
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