Ethereum ETH
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
Ethereum price today stands at $2,331.74, representing a gain of 0.73% over the past 24 hours. The cryptocurrency has extended its positive momentum over the weekly timeframe, recording a 1.14% increase across the seven-day period. Ethereum's market capitalisation currently sits at $281,410,360,108. Ethereum real time data shows the second-largest cryptocurrency maintaining its position above the $2,300 psychological level, with price action demonstrating modest but consistent upward movement across both short and medium-term periods.
The RSI (14) currently reads 49.3, positioning itself in neutral territory. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with readings below 30 typically indicating oversold conditions and above 70 suggesting overbought territory.
The MACD line stands at 0.5375, whilst the signal line registers 3.8486, producing a histogram reading of -3.3111. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, with the histogram representing the difference between the MACD line and its signal line.
Ethereum's price currently trades within the central zone of the Bollinger Bands channel, with the upper band at $2,394.99, the middle band at $2,328.72, and the lower band at $2,262.45. Bollinger Bands measure price volatility and potential support and resistance levels by plotting standard deviations around a moving average.
Current trading volume reaches 281,410,370,000, representing a ratio of 1.11x compared to the 20-period average of 253,055,691,000. Volume measures the total number of shares or contracts traded during a specific time period, providing insight into market participation and liquidity.
The Fear & Greed Index registers 38 out of 100, placing market sentiment in the "Fear" category. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, social media activity, and surveys to gauge whether investors are feeling fearful or greedy.
The Federal Reserve's benchmark interest rate stands at 3.64%, whilst the Consumer Price Index reached 330.293 with a monthly variation of +0.87%. The Fed funds rate measures the cost of borrowing money overnight between banks, whilst the CPI tracks changes in prices paid by consumers for goods and services.
The S&P 500 closed at 7,200.75 points in the previous session. The S&P 500 measures the stock performance of 500 large companies listed on exchanges in the United States, serving as a benchmark for overall market performance.
The VIX closed at 16.99 in the previous trading session. The Volatility Index measures expected price fluctuations in the S&P 500 over the next 30 days, with higher readings indicating greater anticipated market volatility.
Bitcoin dominance currently stands at 58.77% of the total cryptocurrency market. Bitcoin dominance measures the percentage of Bitcoin's market capitalisation relative to the entire cryptocurrency market capitalisation.
The Dollar Index (DTWEXBGS) registered 118.39 with a decline of -0.29% in the previous session. The Dollar Index measures the value of the United States dollar relative to a basket of foreign currencies from America's most significant trading partners.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil stands at $99.89 per barrel. Gold measures precious metal market conditions and often serves as a hedge against inflation, whilst WTI crude oil reflects energy market dynamics and global supply-demand fundamentals.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +0.73% 24h |
| RSI (14) | Neutral | 49.3 |
| MACD | Negative | Hist: -3.3111 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.11x avg |
| Fear & Greed Index | Negative | 38/100 (Fear) |
| BTC Dominance | Neutral | 58.8% |
| Nasdaq Composite | Positive | 25,068 pts |
| S&P 500 | Positive | 7,201 pts |
| VIX | Neutral | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Neutral | $99.89/barrel |