Ethereum (ETH) has been in a downward spiral, with its price dropping more than 35% since July. Currently trading around $2,329, Ethereum, a leading altcoin with a fully diluted valuation of about $279 billion and a daily average traded volume of around $15 billion, is under significant pressure. As the cryptocurrency market grapples with bearish sentiment, many are asking if a relief rally for Ethereum is on the horizon.·
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