๐Ether Holds Strong at $2.4K Despite $277M Liquidation โ Is Long-Term Growth in Sight? ๐ฎ
๐ Ethereum (ETH) is showing resilience as it clings to the $2,400 support zone, even after a 15% pullback and $277 million in liquidations across the market.
๐ก But hereโs whatโs fueling optimism:
๐น Layer-2 networks continue to expand rapidly, boosting scalability and usage.
๐น Spot ETH ETF inflows reflect growing institutional confidence in Ethereum's long-term potential.
๐ง While short-term volatility shakes out weak hands, smart investors seem to be doubling down on ETH's fundamentals and future.
๐ Eyes are on ETH โ the next leg up could be powered by real utility and institutional demand.
