#ETH 📊 ETH/USDT Market Analysis — 1H Chart
Current Price: $4,735.40 (+0.45%)
24H Range: $4,685.30 - $4,815.60
The market is showing a short-term bullish recovery after bouncing from the $4,061 support level and testing resistance near $4,888.
Key indicators:
MACD: Still positive but showing a slight convergence — a potential signal of slowing momentum.
RSI (1H): Around 55, indicating a neutral-to-bullish zone.
KDJ: Suggesting mild overbought conditions but not yet signaling reversal.
🔮 Future Predictions (Multi-Timeframe Analysis)
Short-Term (1H–4H)
Expect some consolidation between $4,700–