Analyst: Ethereum is building a solid support position around $3000
According to @ali_charts monitoring, Ethereum has established a solid demand zone in the price range of about 3000 dollars.
At this key support level, approximately 2.82 million addresses have cumulatively bought more than 6.14 million ETH. This support level could pave the way for Ethereum to rebound and break through higher price peaks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 527.22 BTC transferred out from a certain exchange, routed through intermediaries, and flowed into BlackRock.
Bit Digital: Held over 150,000 Ethereum as of the end of November, valued at approximately $460 million