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- Price and Trend: The current price is approximately 1681 USDT, recently started rising from around 1555, reaching a high of 1716, with a short-term increase of +5.90%, currently in a consolidation phase after the rally.
- Key Support/Resistance: - Support level: 1586.59 (previous platform low)
- Resistance level: 1716.16 (this round's high), with 1732 above as a potential resistance
- Funding Rate: Currently at -0.0064%, indicating the overall market is bearish, and longs need to pay shorts funding fees, making short-term long positions relatively costly and risky.
Currently, market funds have shifted from gold and digital currencies to the World Cup, and I see ETH around 800.