Currently, ETH is trading around 2,540 USD, following a significant whale purchase of 48,825 ETH at an average price of nearly 2,605 USD, revealing bullish sentiment despite recent volatility due to geopolitical tensions and options expiry.
Technical indicators show ETH is fluctuating between critical Fibonacci levels, with potential for a price bounce if it maintains the 2,550-2,580 USD range. Failure to hold may see prices drop to 2,440 USD or lower.
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