Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH.
Technical Analysis
Ether analysts predict another ‘selling wave’ as ETH struggles to overcome $1.7K. Recent data shows exchange inflows, declining demand, and a 31% drop in Ether futures open interest. This could signal upcoming market pressure on ETH prices. Businesses and investors should remain vigilant. What will be the next major resistance level for ETH? Stay informed to navigate market fluctuations.
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