🚨 $ETH Critical Updates🚨

ETH is valued at $3,141.35 today, marking a 4.2% decline from yesterday and a 7.7% drop from last week. The trading volume in the last 24 hours was $17.52 billion. The price is following a descending channel pattern, failing to break the $3,500 resistance. A further decline towards the $3,000 support level is possible, aligning with the channel’s lower boundary and the 200-day moving average. If this key support breaks, the price could fall sharply. The RSI on the 4-hour chart indicates oversold conditions, suggesting a potential for price recovery.
#ETH #btc #not #link #SOFR_Spike