Ethereum's $3,000 Rally Is at Risk ⚠️ Biggest Sell-Off in 6 Months 😱📊🔥✅#BinanceTurns7

Ethereum (ETH) price has struggled to maintain a sustained upward momentum in recent weeks. Due to a series of bearish developments, the altcoin has been hovering around the $2,300 level.🔥🔥

Despite attempts to rally, selling pressure has taken a heavy toll on ETH, leaving its path to $3,000 uncertain🔥

Ethereum price has seen its biggest wave of selling pressure in the past six months. In the past two weeks alone, investors have moved over 255,869 ETH, worth over $596 million, to exchanges. This increase in selling pressure reflects the large gains taken in March, creating a difficult environment for Ethereum price recovery. 🔥🔥

These sell-offs indicate a decline in investor confidence, preventing ETH from gaining upward momentum. As bearish market sentiment persists, it could challenge Ethereum’s ability to return to previous highs. 🔥🔥

Ethereum price is currently trading at $2,334, just below the key resistance at $2,344. Given the ongoing sell-off and deteriorating market conditions, a rally to $3,000 seems unlikely at the moment. $ETH 🔥