$ETH
Price and Trend: The current price of Ethereum is approximately $2,929.85 USDT. The price has seen a slight decrease over the last 24 hours (-0.85%), fluctuating between a 24h low of $2,886.75 and a 24h high of $2,981.87. The Moving Averages (MA) suggest a long-term bearish trend, as the price is trading below both the MA(99) and MA(25) lines.
Short-Term: The current market sentiment appears bearish, with a state of indecision among traders. Downward pressure is likely to remain in the immediate short term.
Long-Term: Fundamentally, the long-term outlook for Ethereum remains positive. Network upgrades (like the Fusaka upgrade) and increasing institutional adoption could potentially drive the price into the $4,500-$4,800 range by the end of 2025.#USNonFarmPayrollReport #CPIWatch #USJobsData #WriteToEarnUpgrade