Over the past week, Ethereum’s price fluctuated dramatically, falling to 2,065 USD amid trade war concerns. Although a subsequent rally followed, Ethereum remains significantly below its January closing price, with current trading reflecting investor sentiment in volatile markets.
Analysts observe immediate resistance at 2,850 USD and technical indicators suggesting potential growth up to 3,500 USD, while underlying negative sentiment persists. Institutional accumulation signals caution amid macroeconomic uncertainties, highlighting Ethereum’s intricate connection to broader economic dynamics.
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