The current turbulence in Ethereum’s price movement has led analysts to focus on a critical support zone situated between $2,300 and $2,380. This specific range is notable because it represents a significant accumulation point, with over 1.62 million addresses collectively holding more than 50 million ETH within this band. This accumulation suggests that if Ethereum continues to experience downward pressure, this support zone might offer a solid buffer against further declines.·
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