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ETH Price Analysis: Ethereum Nears Potential Local Bottom Around $2,900

Ethereum is showing signs that a local bottom may be forming following its recent decline. ETH appears to be either

Ethereum’s market dominance keeps running into the same wall—the 20-month simple moving average. Month after month, the price action stalls

Ethereum’s been holding steady above critical support around $2,600–$2,800, and right now it’s coiling up in a tight range. Price

ETH is now holding above the key 3,000 support zone, which could validate continuation toward higher price targets at 3,400,

Ethereum’s ability to hold the 3,000 USDT level comes after a period of pressure in which the asset repeatedly approached

$ETH is still holding above the $3,000 level. If Ethereum breaks below this, it’ll drop towards the $2,800 zone. My

● Ethereum continues sliding on intraday charts, heading straight for the $3,150 support area that traders flagged earlier this week.

Around 2.60 million ETH were accumulated near $3,180, forming a key resistance level, while an almost identical volume was acquired

⬤ The ETH/BTC market is heating up as it pushes against a downtrend that’s been in place for over three

The scale of the $79 million outflow illustrates how quickly liquidity can shift when uncertainty intensifies. My Take: This outflow