🔍 ETH/USDT Market Analysis & Future Outlook | Hourly Insights

Over the past 24 hours, ETH/USDT has shown a fluctuating trend, testing both bullish resistance and bearish support levels. The highest price touched was $3,941.95, while the lowest dipped to $3,670.20, indicating high intraday volatility.

📉 Current Market Condition (1H View): ETH is currently trading around $3,788, slightly below the key moving averages (EMA5, EMA10, EMA30), hinting at short-term bearish pressure. The MACD line is under the signal line with a widening gap, supporting the bearish crossover. RSI levels hover around 35–46, signaling a neutral to weak buying zone.

🧠 Multi-Timeframe Prediction (Refined View):

Short-Term (1H): Slight bearish continuation unless price breaks and sustains above $3,820.

Mid-Term (4H): If ETH holds above the $3,700 zone, we might see another attempt to test the $3,850–3,880 resistance.

Long-Term (1D): The overall trend still remains intact above $3,670. Long-term support is holding firm, hinting at bullish potential if volume increases.

📊 Indicators Summary:

MACD: Bearish

RSI: Neutral to slightly oversold

KDJ & WR: Indicate a possible short-term recovery if price stability holds

💬 Conclusion: ETH is currently in a consolidation phase with a possibility of upward movement if the $3,700 support remains strong. Traders should monitor the 4H and daily timeframes for better clarity and entry zones.
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