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Today's ETH Market Analysis
ETH/USDT is currently in a moderate downtrend. The current price of 2086.49 is below the SMA(14) of 2106.23, indicating short-term momentum is bearish. Based on session history, since the Asia session high of 2385.78 on March 17, ETH has continued to decline with significant drops during London and New York sessions (such as -5.63% during London session on March 19). Recent price fluctuations have narrowed, suggesting the market is searching for direction, but the overall structure remains bearish. Key support is near 2060, with resistance in the 2167-2175 range.