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Ethereum price breaks above $3000, but trading volume remains sluggish: Is a correction imminent?
Ethereum price has surpassed $3000, but low trading volume and nearby resistance levels raise concerns, suggesting that this breakout may lack strength and carry a risk of reversal downward.
Ethereum( $ETH ) recently broke through the $3000 threshold, breaking free from a multi-week triangle consolidation zone, during which volatility had been continuously shrinking.
While breaking out of a prolonged consolidation phase often signals the start of a new trend, broader technical indicators suggest t
View OriginalEthereum price has surpassed $3000, but low trading volume and nearby resistance levels raise concerns, suggesting that this breakout may lack strength and carry a risk of reversal downward.
Ethereum( $ETH ) recently broke through the $3000 threshold, breaking free from a multi-week triangle consolidation zone, during which volatility had been continuously shrinking.
While breaking out of a prolonged consolidation phase often signals the start of a new trend, broader technical indicators suggest t