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#ETH Breaks Through $3,800#
Candlestick chart of the ETH/USDT trading pair.
highlighting Ethereum’s recent price performance on a cryptocurrency trading platform. At the time of capture, Ethereum (ETH) is priced at $3,767.24, reflecting a 1.14% intraday decline. Despite this minor pullback, the chart illustrates a strong bullish momentum over the past few weeks, with ETH surging from a recent low of $2,374.15 to a 24-hour high of $3,857.87.
The MACD indicator at the bottom further reinforces this upward trend, showing widening divergence between the MACD line (88.56) and the signal line (DEA at 215.36), accompanied by strong positive histogram bars — a classic sign of bullish market sentiment.
Trading volume stands at 365.23K ETH with a 24-hour turnover of approximately $1.38 billion USDT, signaling robust market activity and trader interest. This sharp rally suggests continued investor confidence in Ethereum, possibly driven by broader market optimism or upcoming technological updates within the Ethereum ecosystem. As ETH approaches critical resistance levels, traders are likely watching for potential consolidation or continuation of the bullish trend.