The price of Ethereum (ETH) showed some significant changes on the last day, will raise by 1.86%. However, according to Coinmarketcap commercial dataThe popular Altcoin has recorded a negative growth since December 2024, despite some significant profits in the last month. Interestingly, basic market activity indicates a potential bunch of prices.
Ethereum sees a sturdy accumulation activity in connection with a decrease in prices
Since the price of 4000 USD, Ethereum has a decrease in a decrease in a decrease by up to 3000 USD. In January, noteworthy Bitcoin Ethereum profits are still fighting to maintain consistent lower low in this period.
However, an expert on the cryptochant market in the username Crypto Sunmoon he noticed Boost in the market volume of the market in connection with the current drop in prices indicating stubbornness on the Eth market. In the context, stubbornness occurs when the price of assets causes lower minima, while the shoot indicator causes a higher minima, thus indicating the potential reverse movement or up.
When it comes to Ethereum, the raise in purchase volume among falling prices indicates high demand from buyers, especially at current price levels. This development additionally suggests sturdy trust in the profitability of the asset, because investors expect pressure to survive to exceed sales activities in the coming days.
Based on historical data, Crypto Sunmoon predicts that Ethereum can experience price increases, such as the one in May 2024, when a similar stubborn discrepancy has recently occurred. This month, ETH increased by more than 21%, suggesting that Altcoin would most likely return to 4000 USD if the forecast price breakthrough occurs, in accordance with current market prices.
ETH long -term owners signal sturdy market trust
In other INTOTHEBLOCK messages Reports This long -term Ethereum owners currently have an average maintenance time of 2.4 years, showing great trust in the future potential of Ethereum values.
However, Ethereum is in the face of other problems, including the lack of brief -term participants, which prevents ETH from experiencing a significant level of speculative trade that can raise prices. In addition, the rapid raise in layer 2 solutions, such as optimism and layer 1, such as Solana, also manipulate the potential market demand and Ethereum’s comments.
During the ETH press, it trades at USD 3,306 after a profit of 1.86% in the last day, as previously stated. Meanwhile, the daily volume of asset trading increased by 55.69%, which caused a value of USD 30.3 billion. In larger time frames, Ethereum also increases by 0.22% on a weekly chart, but by 2.27% on a monthly chart, leaving a lot to the desire for many brief -term investors.
