The article discusses the current price and market trends of Ethereum (ETH). It mentions that while Bitcoin is experiencing a price drop, Ethereum is struggling to maintain critical levels and faces bearish pressure. However, there is potential for a bounce back, with the price forming a short-term triangle pattern that suggests an upcoming explosive move. The article highlights negative indicators such as the bearish crossover of average lines and lack of bullish divergence. It also mentions that Ethereum is experiencing outflows and institutional support has decreased. The article concludes by stating that a breakout rally could reach the next supply zone above $3,500, while a triangle breakdown would test the $3,244 support level.



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