Market Overview for Ethereum/Tether (ETHUSDT): 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Thursday, Dec 18, 2025 12:22 pm ET1min read
ETH
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Aime RobotAime Summary

- ETHUSDT rebounded from $2820 support, forming bullish engulfing patterns on 5-min charts, signaling short-term buying pressure.

- Price stayed above 20-period 5-min MA, while RSI recovered from oversold levels and Bollinger Bands showed contraction before a breakout above upper band.

- Surging volume during 13:45–14:45 ET coincided with a $2940 breakout, indicating institutional buying, as Fibonacci 61.8% level at $2865 acted as a pivot zone.

- Market consolidated above $2930 with potential to test $2970, but faces short-term risk of a pullback to $2900–2920 range.

Summary
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ETHUSDT
tested key support at $2820 before rebounding and forming bullish engulfing patterns in the 5-min chart.
• On the 20-period 5-min MA, price remains above, indicating short-term bullish momentum.
• RSI on 5-min chart reached oversold levels around $2819, followed by a recovery above 50.
• Bollinger Band contraction observed between 21:00–22:00 ET, followed by a price breakout above the upper band.
• Volume surged during the 13:45–14:45 ET window, coinciding with a high of $2992, suggesting strong buying pressure.

The Ethereum/Tether (ETHUSDT) pair opened at $2840.8 on 2025-12-17 at 12:00 ET, reached a high of $2992.0, and a low of $2791.02, closing at $2943.8 at 12:00 ET-1 on 2025-12-18. Total 24-hour volume was 204,122.91 ETH, with a notional turnover of $591,285,516.

Structure & Key Levels


The price moved within a dynamic range, finding key support at $2820 and resistance at $2940 on the 5-minute chart. A bullish engulfing pattern emerged around $2820 in the evening, suggesting short-term buying pressure.
A major Fibonacci 61.8% retracement level at $2865 appeared to act as a pivot zone for the pair.

Technical Momentum and Indicators


MACD on the 5-minute chart showed positive divergence as price hit its low at $2799.55 and RSI hit oversold territory, followed by a strong reversal. The RSI climbed above 50 in the following hours, indicating renewed bullish momentum. Bollinger Bands showed a period of contraction in the late evening, which preceded a strong price rebound.

Volume and Turnover Insights


Volume surged significantly during the 13:45–14:45 ET window, coinciding with a breakout above $2940. This suggests institutional or algorithmic buying at higher levels. Turnover remained aligned with price action, with no notable divergences.

The market appears to be consolidating above $2930 ahead of the next 24 hours, with potential for a test of the $2970 level if buyers maintain control. Investors should remain cautious of a pullback to the $2900–2920 range as a short-term risk.