đ Ethereum Struggles to Stabilize at $3,000 â Hereâs Why! đš
Ethereum $ETH has been battling to hold its ground around the $3,000 mark, but a combination of market pressures is keeping the price unstable. Hereâs whatâs driving the struggle:
1ïžâŁ Market Volatility: The broader crypto market has been in flux, with sudden price swings affecting major coins like ETH.
2ïžâŁ Regulatory Concerns: Ongoing scrutiny from global regulators is making investors wary, leading to more cautious trading behavior.
3ïžâŁ Network Activity: While Ethereum's network continues to grow, transaction fees and scalability challenges still cast a shadow on its short-term performance.
Can ETH break out of this struggle and regain momentum, or will it remain in a volatile state? Keep an eye on the charts! đ
