Data Analysis
The data released by Bureau of Census, Bureau of Economic Analysis for International Trade Balance in Goods and Services on 6th March, 2025 has come in at a decrease to -$130.3B for January 2025. Compared to the previous release for December 2024 at -$96.9B, we can see that foreign trade is still decreasing month over month.
To see the impact and volatility of ETH's price during the Balance of Trade release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.
4-Hours Chart Analysis
In the period prior to the release, the trading volume was 86,922 ETH with prices swinging between 2,249.67 and 2,305.68, representing a swing of 2.43%. Subsequently, the trading volume increased significantly by 117% to 188,753 ETH. Price action ranged from a low of 2,203.14 to a high of 2,275.50, a difference of 3.18%
15-Minutes Chart Analysis
Analysing on a lower time frame to get a more accurate picture, 27,121 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 2,249.67 to a high of 2,275.00, a 1.11% change. Immediately following, trading volume decreased by 23% to 20,898 ETH. At this time, Ethereum hit a low of 2,252.24 with a high of 2,268.09, a change of 0.70%.
About International Trade Balance in Goods and Services
The balance of trade (BOT) measures economic transactions between a nation and its trading partners, showing the difference between the value of a country's imports and exports for a given period. The BEA and Census Bureau reports on the U.S. balance of payments (BOP), covering goods and services that move in and out of the country. Economists use this information to gauge the relative strength of a country's economy. When exports are higher than imports, it tends to boost GDP. In the opposite scenario, it creates a trade deficit.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
ETH-USDT
Ethereum
Open
2,244.21Close
2,163.9424h Change
-80.27 (-3.71%)24h High
2,319.9924h Low
2,101.8224h Volume
741,186 ETHUS International Trade Balance in Goods and Services
Bureau of Census, Bureau of Economic Analysis
6th March, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 2256.38 | 2258.75 | 2249.67 | 2257.61 | 0.05% | 0.40% | 7,688 ETH |
| During | 2257.61 | 2268.09 | 2257.61 | 2263.68 | 0.27% | 0.46% | 3,030 ETH |
| 5 Minutes | |||||||
| Before | 2259.15 | 2263.23 | 2249.67 | 2257.61 | -0.07% | 0.60% | 18,481 ETH |
| During | 2257.61 | 2268.09 | 2253.23 | 2262.75 | 0.23% | 0.66% | 7,744 ETH |
| 10 Minutes | |||||||
| Before | 2264.81 | 2264.81 | 2249.67 | 2257.61 | -0.32% | 0.67% | 24,056 ETH |
| During | 2257.61 | 2268.09 | 2253.23 | 2260.59 | 0.13% | 0.66% | 9,021 ETH |
| 15 Minutes | |||||||
| Before | 2270.70 | 2275.00 | 2249.67 | 2257.61 | -0.58% | 1.11% | 27,121 ETH |
| During | 2257.61 | 2268.09 | 2252.24 | 2253.72 | -0.17% | 0.70% | 20,898 ETH |
| 30 Minutes | |||||||
| Before | 2267.61 | 2275.00 | 2249.67 | 2257.61 | -0.44% | 1.11% | 31,407 ETH |
| During | 2257.61 | 2268.09 | 2243.58 | 2246.29 | -0.50% | 1.08% | 43,956 ETH |
| 1 Hour | |||||||
| Before | 2285.50 | 2287.10 | 2249.67 | 2257.61 | -1.24% | 1.64% | 43,724 ETH |
| During | 2257.61 | 2268.09 | 2241.53 | 2251.48 | -0.27% | 1.17% | 56,816 ETH |
| 2 Hours | |||||||
| Before | 2299.62 | 2301.10 | 2249.67 | 2257.61 | -1.86% | 2.24% | 60,434 ETH |
| During | 2257.61 | 2269.83 | 2208.60 | 2258.52 | 0.04% | 2.70% | 125,725 ETH |
| 4 Hours | |||||||
| Before | 2281.80 | 2305.68 | 2249.67 | 2257.61 | -1.07% | 2.43% | 86,922 ETH |
| During | 2257.61 | 2275.50 | 2203.14 | 2215.74 | -1.89% | 3.18% | 188,753 ETH |
| 6 Hours | |||||||
| Before | 2296.99 | 2305.68 | 2249.67 | 2257.61 | -1.74% | 2.43% | 113,807 ETH |
| During | 2257.61 | 2275.50 | 2176.90 | 2190.99 | -3.04% | 4.33% | 238,738 ETH |
| 8 Hours | |||||||
| Before | 2244.21 | 2319.99 | 2238.31 | 2281.81 | 1.65% | 3.52% | 160,205 ETH |
| During | 2281.80 | 2305.68 | 2203.14 | 2215.74 | -2.98% | 4.45% | 275,674 ETH |
| 12 Hours | |||||||
| Before | 2244.21 | 2319.99 | 2238.31 | 2257.61 | 0.59% | 3.52% | 247,127 ETH |
| During | 2257.61 | 2275.50 | 2101.82 | 2163.94 | -4.33% | 7.63% | 494,059 ETH |
