Ethereum Holds Above $2,323 as Supertrend Turns Bullish and MACD Momentum Strengthens

Ethereum is trading around $2,323 with a 0.2% move over the past 24 hours, staying within a $2,308–$2,355 range on more than $18 billion in volume, The Crypto Basic reports. The daily chart shows ETH briefly pushed toward the upper end of this range before retracing and consolidating, while still logging a 15.4% gain over the last week and a 17.9% rise in the past 30 days. On the technical side, ETH has broken above the previously descending Supertrend indicator that acted as resistance through February and most of March, with the Supertrend now flipping to support near $2,002 and the MACD showing a bullish crossover and rising histogram. Derivatives data for the last 24 hours point to $35.03M in liquidations, including $16.53M in longs and $18.49M in shorts, alongside shorter-term windows such as a 4-hour $3.96M total, a 12-hour $10.54M figure, and $393K over 1 hour.