Ethereum Price Holds Steady with Bullish Buying Volume Indicators

After analyzing the recent trading activity of ETHUSDT, I observe a significant buying volume with 84,670 Tether traded in just 32 seconds, highlighting strong buying pressure. The buy orders account for 82% of the volume, totaling approximately 69,650 Tether, while the sell orders make up only 18%, roughly 15,020 Tether, indicating bullish sentiment among traders.

The current price remains steady at $20.22, reflecting no change in the last snapshot. Over the past 24 hours, Ethereum has experienced a slight price increase of about 0.949%, with more nuanced short-term movements such as a -0.88% change in 4 hours and small fluctuations in the recent 15-minute and 1-hour windows. The 24-hour trading volume is substantial at 7.141 million Tether, with roughly equal buy and sell proportions, suggesting balanced but growing interest.

Net volume over different timeframes shows a rising trend: 22% in 15 minutes, 32% in 1 hour, and 12% in 4 hours. The alerts indicate minimal recent signals, with only 1 alert in the past 24 hours and 4 hours, which suggests there are some notable but not overwhelming triggers for action.