Ethereum (ETH) has maintained its price above the $3000 support level amidst speculative divergence in the market. According to a report by Glassnode, this price action is influenced by the behavior of short-term holders, who face potential losses if the market trends downwards. This period of market suspense is notably marked by the anticipation of U.S. regulators' decisions on Ethereum-related exchange-traded funds (ETFs), affecting investor sentiment and market dynamics.
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