🚨 **ETH/USDT Chart Analysis** 🚨
*Disclaimer: This is for informational purposes only and not financial advice. Always do your own research.*
Ethereum ($ETH ) is currently trading at 2,717.67 USDT, up 2.79% in the last 24 hours. The 24h high reached 2,769.48 USDT, with a low of 2,642.00 USDT. Trading volume remains high at 337,073.86 ETH (915.70M USDT).
The short-term MA(7) of 2,654.18 is above both the MA(25) and MA(99), signaling a potential bullish trend. Active trading volume supports this momentum, but short-term corrections are still possible.
Ethereum’s long-term outlook remains positive, especially with recent news of network improvements proposed by Vitalik Buterin, which could enhance the ecosystem's growth.
Stay informed and invest carefully!