{"content":"Market Analysis of Ethereum (ETH/USDT): It is showing strong bullish momentum currently trading around $4,195.41, up by 6.70% in the last 24 hours. The price recently broke above key moving averages, signaling renewed buying pressure and a shift in short-term sentiment toward the upside. The 7-period moving average (MA7) at $4,145 has crossed above both the 25-period (MA25) at $4,047 and the 99-period (MA99) at $3,945, confirming a bullish crossover. The immediate resistance is seen at $4,217, which marks the 24-hour high. A decisive breakout above this level could propel the price toward the $4,243–$4,300 zone, a critical area that might act as the next target for bulls. On the downside, the first key support lies around $4,145, coinciding with the MA7 line that now serves as dynamic support. Below that, additional support levels are found near $4,019–$3,945, where the MA25 and MA99 converge, providing a strong technical base. A deeper correction could retest the $3,796–$3,710 region, which previously acted as a consolidation zone before the recent breakout. Trading volume has shown a notable increase, indicating strong buyer participation backing the rally. However, as the price nears the upper resistance range, short-term consolidation or minor pullbacks may occur due to potential overbought conditions. Overall, Ethereum remains in a confirmed uptrend, maintaining a positive outlook as long as it stays above $4,145, with a bullish target toward $4,250–$4,300 in the near term. A break below $4,000, however, could signal a short-term correction. #Ethereum #ETH $ETH #Market_Update ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/27/2efbc2ef5b4644a1aa2eb4b012592d89.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}