Ethereum price faces risk as whale activity continues to decline

The BBTrend has turned bullish, but whale activity is declining, possibly indicating reduced confidence among larger investors. ETH currently encounters resistance at 2,900 USD and support at 2,679 USD, with market movements closely monitored to determine its next direction.

If ETH cannot maintain support at 2,679 USD, prices may drop to targets of 2,479 USD and 2,326 USD. The situation underscores uncertainty, as whale activity suggests profit-taking or caution among major holders.

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