Mr.Abrash

01/26 08:59

Amid the ongoing crypto market crash, will Ethereu

Amid the ongoing crypto market crash, will Ethereum (ETH) maintain dominance at the $3,000 psychological support level?

With Bitcoin retreating to the $95,000 range, Ethereum has fallen by nearly 10% over the past 24 hours. It is currently trading below the $3,400 mark, maintaining a market capitalization of around $401 billion.

With massive liquidations and an outflow in the Ethereum spot ETF market, bears are gaining control of the trend
Ethereum Price Analysis
On the 4-hour chart, the bullish breakout above the $3,500 zone failed to sustain momentum, reversing at the $3,700 level. This reversal coincided with the drop in Bitcoin prices, triggering a sharp decline

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