Ethereum Price Today: Daily Trend Holds, Short-Term Momentum Fades
The Ethereum price today stands at $2,487.96, maintaining its bullish daily trend despite short-term momentum cooling on lower timeframes.
The daily chart shows a stacked moving average structure with ETH above EMA20 ($2,384.61), EMA50 ($2,192.06), and EMA200 ($2,174.05) in a bullish alignment that attracts trend-following buyers.
However, the MACD histogram at -13.32 indicates momentum is decelerating, while the 1-hour chart has flipped neutral with price below the EMA20 and EMA50 and RSI14 dropping to 44.49.
The Fear & Greed Index reads 71 (Greed) despite a 24-hour market cap decline of -3.15%, suggesting sentiment has not fully priced in the broader market's contraction.