ETH Update – Market Volatility and Next Moves
Ethereum ($ETH) is navigating through a turbulent market, reacting not only to macroeconomic factors but also rising tensions globally. After bouncing off the support near $3,600, ETH is now trying to maintain stability above $3,700. However, uncertainty caused by geopolitical events and Bitcoin’s dominance shift has kept ETH from making a strong upward move.
On-chain metrics like active addresses and gas fees are slightly rising, indicating some positive sentiment among users. But whales are staying cautious—no major accumulation signs yet. If ETH breaks $3,800 with volume, we could see a push toward $4,000.
Be cautious, and watch key levels.
