🔎Latest updates on $ETH

💹 Market analysis indicates $ETH is priced at $2,889.04, reflecting a -2.69% drop over the last 24 hours as it struggles to regain the psychological $3,000 level.

🛡️ According to The Block, while price action is weak, the network's fundamentals remain solid with the upcoming "Pectra" upgrade aimed at improving wallet UX. However, recent data shows a spike in exchange inflows, suggesting short-term selling pressure from whales.

📈 According to FXStreet, $ETH has broken below the key $2,900 support. The chart structure is currently bearish, with the next major demand zone located around $2,750. Bulls need to see a daily close above $3,000 to invalidate the downtrend.

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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
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