📊#ETHestablishes solid support at $3,000!
🤔 Ethereum has formed a robust demand zone around $$ 3.000, where approximately 2.82 million addresses have accumulated over 6.14 million ETH.
💡 Why is this important?
1️⃣ Key support level: This level becomes a strong foundation to prevent further declines.
2️⃣ Significant accumulation: The concentration of large volumes suggests investor confidence in ETH’s upside potential.
3️⃣ Possible recovery: If held, this support could propel the price towards new highs.
📈 What to watch next:
Trading volume: Increased volume could confirm the strength of the support.
Market sentiment: Changes in the macro scenario or updates to the Ethereum network could accelerate bullish movements.
🌟 Conclusion:
With such a solid foundation, Ethereum is well positioned to seek higher highs, but market volatility still requires caution.
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