Ethereum price analysis (Neutral) — 3880.40 USDT (+0.19% 24h)

Ethereum is showing consolidation patterns around the $3,880 level as bulls and bulls wrestle for control. The current price sits just below the 20-day SMA at $3,883, indicating near-term resistance, while holding comfortably above the 50-day SMA at $3,848, suggesting underlying support remains intact. The RSI reading of 44.5 places ETH in neutral territory with room for upward movement before hitting overbought conditions. With 24-hour volume exceeding $1 billion and moderate volatility around 4%, institutional interest appears healthy despite the modest 0.19% daily gain. Traders should watch for a decisive break above $3,900 with volume confirmation to signal renewed bullish momentum. Support holds at $3,840-$3,850, while resistance clusters around $3,920-$3,950. Consider scaling into positions on dips toward support with tight stops below $3,820.