Ethereum price analysis (Neutral) — 3195.76 USDT (-0.16% 24h)

Ethereum continues to trade in a tight range around $3,195, showing resilience despite a minor 0.16% dip over the past 24 hours. The current price action finds ETH positioned above its 20-day SMA at $3,129 but slightly below the 50-day SMA at $3,163, suggesting potential consolidation ahead. The elevated RSI reading of 74.88 indicates overbought conditions, which could trigger a short-term pullback toward the $3,100-$3,130 support zone. Trading volume remains robust at nearly $1.94 billion, confirming active institutional participation. Volatility at 4.14% suggests relatively stable price action compared to typical crypto swings. Traders should consider taking partial profits near current levels while maintaining core positions. For new entries, waiting for a dip toward the $3,050-$3,100 range would provide better risk-reward opportunities. The overall structure remains constructive, but patience is warranted given the overextended technical readings.