Sentiment: Bullish
Ethereum continues to show strength against USDT, trading at $3,444 with a solid 2.86% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($3,398) and 50-day SMA ($3,363), indicating sustained bullish momentum. Volume remains robust at $2.2 billion, supporting the upward move. However, traders should note the RSI reading of 64.4 suggests ETH is approaching overbought territory, though not yet at extreme levels. The 4.26% volatility indicates typical crypto market conditions. For trading strategy, consider buying on dips toward the $3,400 support level with stops below $3,360. Resistance appears around $3,500, where profit-taking may occur. Longer-term holders might maintain positions given the strong technical structure, but short-term traders should be cautious of potential pullbacks given the elevated RSI.
Key Metrics
| Price | 3444.6800 USDT |
| 24h Change | 2.86% |
| 24h Volume | 2200018699.30 |
| RSI(14) | 64.42 |
| SMA20 / SMA50 | 3398.44 / 3362.63 |
| Daily Volatility | 4.26% |
Ethereum — 1h candles, 7D window (SMA20/SMA50, RSI).
