Sentiment: Bullish
ETH is showing strength, trading at $4557.91 with a solid 3.1% gain over 24 hours. The price is above both the 20-day SMA ($4502.22) and 50-day SMA ($4439.16), indicating bullish momentum in the short to medium term. The RSI at 63.78 is approaching overbought territory but still has room before hitting extreme levels. Volume is robust at $1.63B, supporting the current price action. Volatility remains moderate at 1.71%, suggesting controlled moves rather than erratic swings. Given these factors, I’d advise looking for long entries on any pullbacks toward the $4500 support level, with stops below $4430. Target resistance around $4650-$4700. Keep an eye on Bitcoin’s movement as it often leads ETH’s direction.
Key Metrics
| Price | 4557.9100 USDT |
| 24h Change | 3.10% |
| 24h Volume | 1631759114.60 |
| RSI(14) | 63.78 |
| SMA20 / SMA50 | 4502.22 / 4439.16 |
| Daily Volatility | 1.71% |
Ethereum — 1h candles, 7D window (SMA20/SMA50, RSI).
