ETH rebounded ~4% after holding a short-term uptrend but faces resistance near ~$3,000, with analysts warning downside risks if key support breaks.
A large whale trader is reportedly down around $60M as price pressure persists, raising liquidation concerns.
ETH supply on exchanges has hit historic lows, suggesting holders are moving coins off exchanges — potentially reducing immediate sell pressure.
Broader market pressure from ETF outflows and macro uncertainty is keeping ETH below key levels and weighing on sentiment.
Technical indicators show mixed signals — ETH may break down further, though short-term rebound signs are emerging.
ETHUSDT
Prep
3,006.95
+1.06%
SOL
126.26
+0.38%
BTC
88,905.43
+0.67%
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