Ethereum presently trades at approximately 2,500 USD. Traders are divided, estimating a nearly equal chance of a decline to 2,000 USD or an increase to 3,000 USD by the end of the year.
Technical indicators suggest bearish trends, with the short-term outlook leaning towards a dip. The weak Average Directional Index (ADX) highlights the lack of a strong market trend, while a balanced Relative Strength Index (RSI) indicates indecision among traders.
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