$ETH /USDT is showing ongoing weakness, down -1.36% over the last 24 hours to trade near $2,394.13. The 4-hour chart indicates sustained downward pressure, with price hovering below key moving averages, including the MA(7) at $2,407.86. Holding above the 24-hour low of $2,358.88 is crucial for stability, while buyers need to push past $2,408 to signal a short-term recovery.