🔥 Ethereum Struggling Below $2,300 — But Supply Keeps Tightening 🔥
#ETH is trading near $2.28K–$2.30K while exchange reserves continue sitting near multi-year lows. (Forbes)
📈 Bullish long-term factors:
✅ ETH staking growth
✅ Tokenization expansion
✅ DeFi collateral lockups
⚠️ Short-term pressure:
Weak momentum
Lower trading volume
Macro uncertainty
🎯 Key zones:
Support: $2,200
Resistance: $2,400+
💡 Traders still believe ETH could move aggressively if market sentiment improves.
#Ethereum #ETH #Crypto #DeFi