Ethereum (ETH) trades above $4,400, resilient amid recent volatility. Analysts are split on its next move: Some foresee a drop below $4,000, while others see potential for a push above $5,000 if demand holds. Despite price fluctuations, Ethereum’s fundamentals remain robust, with decreasing exchange reserves and strong accumulation indicators.
ETH’s demand remains strong post-correction, contrasting with stable Bitcoin reserves. This divergence hints at Ethereum’s leadership in the market cycle and growing institutional interest. Continued accumulation may pave the way for a breakout towards $5,000.
https://altcoin.observer/ethereums-demand-remains-strong-as-the-exchange-reserves-continue-to-drop-details/
34,860
Lunam Points