Ethereum's Slight Recovery Masks Recent Weekly Downtrend

I observe that Ethereum (ETH) is currently priced at $3,487.59, showing a slight increase of 0.27%, and 142,517.00 TL, up by 0.52%. Despite these small gains today, the weekly change reveals a significant decline of 9.43%, indicating recent volatility and downward pressure on its price.

The highest price within the recent period was 143,125.00 TL, while the lowest was 136,977.00 TL, illustrating a trading range that suggests some level of fluctuation and potential support/resistance zones. The current trading volume stands at 9,816,397.24 TL, reflecting sustained investor interest but also emphasizing the importance of monitoring volume alongside price trends to assess market stability.

These indicators suggest that although ETH remains slightly positive today, the recent weekly decline could hint at bearish momentum or profit-taking activities. The relatively stable volume indicates ongoing trading activity, but traders should exercise caution and look for confirmation signals before making substantial moves, especially given the recent downturn.