CandleFocus Will the Dark Clouds Over Ethereum (ETH) Dissipate? Is There a Rise at the End of the Road? Analysis Company Explained!
2025-02-10
Author: Content Editor
The largest altcoin, Ethereum (ETH), is facing a stagnant price and little to no recovery, despite $500 million in inflows to spot Ethereum ETFs. Matrixport analysts attribute the downward trend in Ethereum to large investors and note that large sellers are still active in the market. However, there is a growing demand for Ethereum from long-term investors, including members of Financial Freedom of the World. The upcoming Pectra upgrade of the Ethereum network in March is expected to act as a catalyst for price improvement. Without a clear bullish catalyst, ETH prices may continue to struggle. Currently, Ethereum is trading at $2,640.
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