Ethereum price analysis (Neutral) — 4473.52 USDT (-1.14% 24h)

ETH is currently trading at $4,473.52, showing a slight 24-hour decline of -1.14%. The price is hovering right around the 20-day SMA at $4,474.43, indicating a critical technical juncture. While the RSI at 57.89 is in neutral territory, it suggests there’s room for movement in either direction before becoming overbought. The 24-hour volume of over $1.24 billion shows healthy market participation. The key resistance to watch is the 50-day SMA at $4,535.42; a decisive break above this level could signal renewed bullish momentum. Given the current consolidation near the 20-day SMA, I recommend waiting for a clear directional break before entering new positions. Tight stop-losses are advised due to the 1.97% volatility reading. Consider scaling into long positions only if ETH can reclaim the $4,535 level with conviction.