Ethereum Under Pressure Despite a Slight Rebound
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Ethereum (ETH) has seen a small rebound in price, but market pressure remains strong. The recent recovery looks more like a short-term reaction rather than a clear trend reversal.
Ethereum oscillates in a critical zone between 3,000 and 3,100 dollars for several days.
Overall market sentiment is still cautious, with low trading volume and hesitation among traders. Ethereum continues to face resistance at key levels, making it difficult to sustain upward momentum.
While long-term fundamentals remain solid due to Ethereum’s role in DeFi and smart contracts, short-term price action suggests uncertainty. For now, ETH needs stronger buying support to confirm a real recovery.Liquidity Catalyst - ETF issuance requiring spot ETH purchases - BitMart confirmed listing with LBank announced.
