Ethereum traded between $2,775 and $3,018 over the last 3 days, rising approximately 5.8%. However, despite the price increase, the trading volume remaining 35% below average indicates weak upward momentum. The RSI reaching the overbought region also increases the risk of a correction in the short term. 🔹 Technically, although the price is attempting upward movements, volume confirmation is lacking. 🔹 On the on-chain side, Ethereum is strengthening its position as a global liquidity and consensus layer with daily stablecoin transfers of $9-10 billion. 🔹 Security and infrastructure improvements (address poisoning measures, MEV reduction plans) are positive for long-term network health. 🌍 On the macro front, interest rate expectations and global liquidity movements are increasing volatility. In this environment, market sentiment is low, and decisions are largely shaped by macro news flow. 📌 In summary: While Ethereum's fundamentals remain strong, short-term price movements appear more sensitive to volume, macroeconomic developments, and on-chain capital flows. This content is a general market assessment and not investment advice.
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ümhn1
· 3h ago
Christmas to the Moon! 🌕
Reply0
HighAmbition
· 12-22 14:54
Christmas Bull Run! 🐂
Reply0
Ybaser
· 12-22 14:15
Christmas to the Moon! 🌕
Reply0
CryptoSelf
· 12-22 07:13
Christmas to the Moon! 🌕
Reply0
CryptoSelf
· 12-22 07:13
Christmas Bull Run! 🐂
Reply0
Crypto_Buzz_with_Alex
· 12-22 06:17
😂 “When $ETH hits $10k and we’re all celebrating 🥳”
#ETHTrendWatch
Ethereum traded between $2,775 and $3,018 over the last 3 days, rising approximately 5.8%. However, despite the price increase, the trading volume remaining 35% below average indicates weak upward momentum. The RSI reaching the overbought region also increases the risk of a correction in the short term.
🔹 Technically, although the price is attempting upward movements, volume confirmation is lacking.
🔹 On the on-chain side, Ethereum is strengthening its position as a global liquidity and consensus layer with daily stablecoin transfers of $9-10 billion.
🔹 Security and infrastructure improvements (address poisoning measures, MEV reduction plans) are positive for long-term network health.
🌍 On the macro front, interest rate expectations and global liquidity movements are increasing volatility. In this environment, market sentiment is low, and decisions are largely shaped by macro news flow. 📌 In summary:
While Ethereum's fundamentals remain strong, short-term price movements appear more sensitive to volume, macroeconomic developments, and on-chain capital flows. This content is a general market assessment and not investment advice.