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.
The Ethereum price today stands at $2,098.16, representing a 1.12% increase over the past 24 hours. Over the weekly timeframe, ETH has declined by 4.04%. The cryptocurrency maintains a market capitalisation of $253.26 billion. When compared to the previous report at the identical price point of $2,098.16, Ethereum real time data shows no change in valuation, indicating price stability at this level during the current trading session.
The RSI (14) registers 37.9, positioning it in oversold territory. The RSI measures the speed and magnitude of price changes on a scale from 0 to 100, with readings below 30 typically considered oversold conditions.
The MACD displays a value of -47.13, with the signal line at -48.29 and a histogram reading of 1.15. The MACD measures the relationship between two moving averages of an asset's price to identify momentum changes.
Ethereum trades within the central zone of the Bollinger Bands, with the upper band at $2,226.97, middle band at $2,133.96, and lower band at $2,040.96. Bollinger Bands measure price volatility and potential support and resistance levels relative to a moving average.
Current trading volume reaches 253.26 billion, representing 0.98x the 20-period average of 257.54 billion. Volume measures the total amount of trading activity within a specified timeframe.
The Fear & Greed Index records 25 out of 100, placing it firmly in the "Extreme Fear" zone. This index measures market sentiment by analysing various factors including volatility, market momentum, and social media sentiment.
The Federal Reserve maintains interest rates at 3.64%, whilst the Consumer Price Index stands at 332.407 with a monthly variation of +0.64%. These metrics measure monetary policy stance and inflation levels respectively.
The Nasdaq Composite closed at 26,225.14 points with a 4.62% gain, and the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-focused companies and large-cap US equities respectively.
The VIX volatility index registered 17.26 points. The VIX measures expected market volatility over the next 30 days based on S&P 500 options pricing.
Bitcoin dominance accounts for 58.36% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire crypto market cap.
The US Dollar Index (DTWEXBGS) trades at 118.04, down 0.30%. This index measures the dollar's strength against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil is priced at $101.56 per barrel. These commodities measure precious metal values and energy sector pricing respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +1.12% 24h |
| RSI (14) | Negative | 37.9 |
| MACD | Positive | Hist: 1.1544 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 0.98x avg |
| Fear & Greed Index | Negative | 25/100 (Extreme Fear) |
| BTC Dominance | Neutral | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Positive | $101.56/barrel |