The price of Ethereum has dropped 2% in the past 24 hours, defying the overall market trend. This decline in price is due to a decrease in demand for the coin. Technical analysis of Ethereum's momentum indicators, such as the Relative Strength Index (RSI) and the Chaikin Money Flow (CMF), reveals weakening buying interest and increasing selling pressure. As a result, the price of Ethereum could fall below $3,000, but with improved market sentiment, it could rise above $3,249.



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