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no one’s talking about this: Ethereum holders stacking sats at $2.9k, building a fortress of support 🧱🔒
wait so eth is dropping but it has solid support at $2.9k?! 🧐 is this a dip to buy or a sign of
In a critical market phase, Ethereum faces a 14% value drop, signaling a corrective step after reaching new highs. Analysts and investors are cautiously optimistic, with expectations of a rebound. Key support at $2.9k may prevent further decline. The market’s consolidation phase involves temporary setbacks to reset indicators for future rallies. Long-term holders accumulating at higher prices provide stability. Ethereum’s ability to hold above current levels is crucial for sustained momentum. 📉📈
Ethereum’s price for accumulation addresses has significantly risen, indicating strong investor conviction. The total balance of these addresses owning 27.6 million ETH further solidifies support. Holding above $2.9k is vital to prevent deeper corrections. The market’s current consolidation phase aims to stabilize before the next upsurge. A sustained defense of critical support levels is essential for Ethereum’s bullish momentum. 🛡️💪
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