Ethereum price analysis (Neutral) — 3831.49 USDT (-2.14% 24h)

Ethereum faces a critical juncture at $3,830 as selling pressure intensifies following a 2.14% daily decline. The current price holding above the 20-day SMA ($3,797) suggests near-term support remains intact, but the breach below the 50-day SMA ($3,889) indicates weakening medium-term momentum. RSI at 58.87 shows neither overbought nor oversold conditions, leaving room for directional movement. Trading volume exceeding $1.87 billion confirms active participation, though the 3.08% volatility reading suggests traders should brace for potential swings. The convergence around key moving averages typically precedes significant breakouts – watch for sustained closes above $3,850 for bullish confirmation or breakdowns below $3,790 signaling further downside. Position sizing should remain conservative until clearer direction emerges, with tight stops recommended given current volatility levels. Consider scaling into positions rather than full allocations at current levels.