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Ethereum Stabilizes: Exploring Current Market Conditions

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by Giorgi Kostiuk

3 days ago


Ethereum shows stability at $2,081.55, exceeding previous realized values and indicating positive market sentiment.

Technical Analysis

Ethereum recovered its realized price of $2,040 and encountered resistance at $2,300. Breaking this level faces historical price barriers. Major support lies at $1,412, critical for the target resistance area.

Ethereum Liquidation Map

The liquidation map identifies key activity regions representing buyback risks. Trading activity concentrates between $2,200 and $2,235 with high sell orders. Holding price above $2,000 can reduce selling pressure.

RWA Sector Growth

Ethereum's real-world assets sector grew over 230%, reaching a $19 billion market cap. Ethereum dominates due to its robust blockchain infrastructure. Total RWA on-chain value stands at $19.26 billion.

While short-term sentiment in Ethereum remains bearish, growth potential persists if it reaches and holds above $2,300.

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