$ETH – Sentiment 69.7% bullish 🚀
🛡️ According to a technical analysis on TradingView, Ethereum is in a crucial battle. After temporarily losing the support of $4,657, today's strong rise of 2.89% represents a determined attempt by buyers to reclaim this level, which is vital for the continuation of the bullish trend.
📊 According to data from Santiment, despite the volatility, accumulation by large wallets ("whales") has not ceased. These inflows, combined with institutional interest, provide a strong underlying demand that supports the predominantly bullish sentiment.
💡 According to The Block, selling pressure is exacerbated by regulatory fears that persist in some key markets. This uncertainty is the main argument of the bears and the biggest obstacle that the price faces despite its solid on-chain fundamentals.
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⚠️ Remember that each person makes their own investment decisions and this content does not constitute financial advice.
