“Ethereum price is declining after a second rejection from the $4,000 resistance level and has yet to recover. 📉 According to technical analysis, there is a high probability that the cryptocurrency will fall to the $2,700 support level in the short term. 😱 However, the Ethereum Exchange Reserve metric reflects the amount of ETH held in exchange wallets It has risen above its 30-day moving average following the recent drop below $3,000. This indicates that many investors have stop losses below the $3,000 level and could signal the beginning of the capitulation phase. What do you think the Ethereum price will be? We are waiting for your comments!