$ETH $XRP $SOL
ETH is experiencing fluctuations; who will win in the long run in this battle between bulls and bears?
#### The Bullish Side Cheers
- In the past three weeks, Ethereum whales have accumulated 934,000 ETH, retail investors are selling off, and large holders' confidence may drive a price rebound.
- DTCC has received approval for tokenized clearing, with Ethereum holding a 60% market share, indicating potential for future growth.
- Experts claim that Ethereum at $3,000 is severely undervalued and is the most promising digital asset in the market.
#### The Bearish Side is Worried
- Ethereum has failed to maintain the key support level at $3,330, and in the short term, may be dominated by bearish sentiment.
- The current market is experiencing a 'fear' sentiment, having dropped -3.73% in the past 24 hours.
- Technical analysis shows that Ethereum faced resistance and fell back in the $3,400 - $3,500 range, unable to recover the $3,350 - $3,500 area, indicating a bearish outlook in the short term.
#### The Neutral Side Observes Calmly
- Ethereum prices repeatedly face resistance in the $3,100 - $3,400 range, with large market cap leading to slow price fluctuations.
- It rebounded above $3,150, consolidating above $3,200 and the 100-hour SMA, forming a new bullish trend line, with support at $3,180.
- The current trading price is approximately $3,247, up 1.81% in 24 hours, but daily trading volume has decreased by 24%, with market activity slowing down.
