📉 Ethereum Market Update: Key Levels to Watch
ETH is currently trading at ~$3,332, reflecting a volatile period in the market with a 5% drop over the last 24 hours. Here’s a breakdown of the current situation:
· 💰 Current Price: $3,331.78
· 📊 24h Performance: -5%
· ⬇️ 24h Low: $3,063.09
· ⬆️ 24h High: $3,583.34
The market is experiencing a wave of anxiety, driven by a few key factors. Recent data shows over $1.1 billion in liquidations across the market in 24 hours, impacting hundreds of thousands of traders. This selling pressure is further amplified by major outflows from Ethereum spot ETFs and selling activity from large holders, indicating a potential shift in short-term sentiment.
Technical Snapshot:
· The 24-hour range shows significant volatility, with a key support level tested around $3,063.
· The all-time high of $4,953.73, reached in August 2025, now sits about 32.8% above the current price.
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