Ethereum has shown positive price movement, bucking the overall downward trend in the cryptocurrency market. Santiment reports that Ethereum has outperformed many altcoins and has seen renewed interest from the community. The amount of ETH held on exchanges has reached its lowest level since Ethereum's inception, indicating a move towards cold wallets. Market analysts are optimistic about Ethereum's future, with some predicting a potential recovery to its all-time high levels, which could also benefit other altcoins. Crypto analyst Ali highlights a crucial support level at $2,425.
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