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## Ethereum Slips to $2.93K: Latest Market Movement Shows -0.62% Drop
Market data reveals that Ethereum (ETH) has retreated in today's trading session, with the token now trading at $2.93K USDT. The 24-hour decline stands at -0.62%, reflecting broader market headwinds affecting the leading altcoin.
ETH's recent weakness highlights continued volatility in the altcoin sector, as traders navigate shifting market sentiment and macroeconomic factors. The current price action positions Ethereum below key technical levels, drawing attention from both long-term holders and short-term traders monitoring support zones.