Ethereum price drops 6.2% despite strong demand.

Ethereum Price Stuck In Downtrend Despite Strong Spot Demand

The recent downtrend may be a buying opportunity for traders, as on-chain analysis shows notable buying activity. This discrepancy between price action and demand suggests a potential reversal. Traders should watch for a break above $2,100 to confirm a trend change.

#Crypto #Ethereum #Blockchain #Web3 #DeFi