Ethereum is currently navigating a period of instability following a recent selloff, as market participants seek signs of recovery. However, analysts suggest that the rebound lacks the necessary strength to indicate a sustainable upward trend, and the document underscores a growing issue that could hinder future price movements.
Market Analysis
Despite a slight bounce in price, experts believe that the movement is more corrective than impulsive, indicating that the market is not yet ready for a robust recovery. Key resistance levels continue to hold firm, suggesting that any upward momentum may be short-lived.
Investor Concerns
Until a more substantial structural shift is observed, the potential for further downside remains a significant concern for investors.
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