Ethereum faces price pressure as it attempts to break through critical levels
According to the latest market data, Ethereum (ETH) is trading around $2,090 with a daily increase of 1.53%, but the upward momentum remains limited due to active pressure from large holders. These market players are intensifying the sell-off wave, creating significant price pressure on the asset.
Market analysts note that for Ethereum to restore a positive trend, it must break through a critical resistance level around $2,400. This price target is considered a key barrier, and successfully overcoming it could pave the way for further token value growth. For now, the market remains in a state of uncertainty, where the confrontation between buyers and sellers determines every price movement.
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Ethereum faces price pressure as it attempts to break through critical levels
According to the latest market data, Ethereum (ETH) is trading around $2,090 with a daily increase of 1.53%, but the upward momentum remains limited due to active pressure from large holders. These market players are intensifying the sell-off wave, creating significant price pressure on the asset.
Market analysts note that for Ethereum to restore a positive trend, it must break through a critical resistance level around $2,400. This price target is considered a key barrier, and successfully overcoming it could pave the way for further token value growth. For now, the market remains in a state of uncertainty, where the confrontation between buyers and sellers determines every price movement.