📈 Ethereum's holding steady at $3.5K, showing resilience in the face of the current market correction. Despite a few bumps at the $4K resistance level, the market's still buzzing with optimism. 🚀
🔍 Technical analysis:
- ETH's price is hovering around the $3.5K mark.
- If it dips below, we might see a swift move towards the $3K support zone.
- The price's reaction to the $3.5K level could shape the market in the coming months.
📊 Sentiment analysis:
- Ethereum's open interest has spiked from 7 billion to nearly 13 billion.
- This surge may have fueled the recent recovery, but more downsides could be on the horizon.
What's your take on ETH's performance? Will it break the $4K barrier soon or are we heading towards the $3K zone? Share your thoughts below! 👇 #ETH #CryptoMarket