ETHfi experiences an 11% increase in 24 hours amid bearish indicators

ETHfi gained 11% in the past 24 hours, indicating strong market activity, yet bearish indicators suggest a risk of decline. Key technical signals such as Parabolic SAR and MACD show sellers might dominate the market.

Despite the bearish outlook, spot investors have accumulated 3.37 million USD in ETHfi over 48 hours. Continued buying interest raises hope of overcoming bearish trends and sustaining bullish momentum.

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