The price of Ethereum and similar high-risk assets is staying above critical support points. According to market data, Ethereum, alongside Copper versus Gold and RTY
The price of Ethereum and similar high-risk assets is staying above critical support points amid ongoing profit-taking, volatility, and broader macroeconomic uncertainty.
According to market data, Ethereum, alongside Copper versus Gold and RTY versus US500, is trading near zones that have previously triggered major shifts in market direction. Investors are reacting to these technical levels, which often factor into broader market trends.
Ethereum Holds $2,500 Amid Volume PressureThe price of Ethereum remained above $2,520 on Tuesday, encountering selling pressure from both recent buyers and long-term holders in the buildup to the critical $2,500 resistance. The market displayed signs of overheating as the price approached the key zone, sparking increased trading volume. A large cluster of buy orders is still present at around $2,450, where a massive volume of 68 million ETH was traded in the past month alone, according to CryptoQuant’s ShayanMarkets.
A Deep Dive into Ethereum’s Macro Factor: A Look at the Importance of Liquidity Injections and Rate Cutsfor the Crypto Market
A closer look at the Mean Coin Age, a metric tracking how long ETH remains in wallets, shows a decline, indicating that investors are distributing their tokens. Recent futures
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