Ethereum price regained the $3,000 level this week, but rising ETF outflows and slowing network activity are tempering confidence. While price action suggests short-term bullish momentum, broader indicators point to mixed sentiment across the crypto market.
Ethereum Rallies Above $3K Amid Mixed Signals Ether is currently trading at $3,063.96, holding above the key $3,000 psychological support. The move reflects short-term strength after recent consolidation, with several short-term moving averages flashing buy signals.
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Ethereum price regained the $3,000 level this week, but rising ETF outflows and slowing network activity are tempering confidence. While price action suggests short-term bullish momentum, broader indicators point to mixed sentiment across the crypto market.
Ethereum Rallies Above $3K Amid Mixed Signals
Ether is currently trading at $3,063.96, holding above the key $3,000 psychological support. The move reflects short-term strength after recent consolidation, with several short-term moving averages flashing buy signals.