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Today, Ethereum is showing a slight and positive recovery in the morning trading session.
📊 Price movement (Live update)
Current price: Fluctuating around 77,826,000 VND - 78,100,000 VND (approximately 3,050 - 3,100 USD depending on the exchange).
Daily volatility: Compared to the opening time at 00:00 this morning, the price has increased by about 0.42% - 0.9%.
Morning high: ETH briefly reached above 78,200,000 VND around 5:00 AM.
📈 Short-term trend analysis
Stability after fluctuations: After a few slight corrections early in the morning (around 1:00 AM), ETH established a strong support zone and maintained a steady upward momentum from 3:00 AM to now.
Buying pressure persists: Technical indicators in the short time frame show that the buying side is slightly dominant, attempting to push the price through short-term resistance zones.
Market sentiment: Capital seems to be returning to Ethereum as gas fees on the network remain stable, supporting DeFi activities and Layer 2 trading.
💡 Quick advice
If you are holding a (Hold) position: Today's trend is quite positive, you can continue to monitor the next resistance level around $3,150.
If you plan to buy new: Keep an eye on the upcoming candle closing times to see if ETH can hold above $3,050 before deciding to invest.
$ETH