Why Can’t Ether Hold $3K? ETH Recovery in Doubt as Data Tilts Bearish

Ether Struggles to Hold $3,000: Bearish Data Points to Drop Towards $2,300 - The Cryptocurrency Post

Ether’s price has wobbled precariously around the psychological $3,000 mark for the past three weeks, showing evident signs of structural weakness following its recent flash crash. The expected ETH recovery faces significant obstacles due to a combination of lack of demand in futures markets and aggressive selling by experienced investors. Market analyst Danny Naz warned that the asset is consolidating below a key resistance zone, forming negati…

Why can’t Ether hold $3K? ETH recovery in doubt as data tilts bearish

Ether price risks a drop to $2,300 amid low futures demand and weakening onchain activity.