Ethereum Rebounds After Briefly Dipping Below $3,100

Ethereum Rebounds After Briefly Dipping Below $3,100

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Ethereum showed resilience by regaining the $3,100 price level following a brief dip. This rebound occurred amidst heightened activity, including major liquidations and the re-emergence of long-term holders, highlighting the volatile yet dynamic forces shaping the market.

Ethereum regained the $3,100 price level after briefly dipping below for over four hours on Monday morning. The rebound came during heightened activity from a decade-old wallet and major liquidations by notable market figures. The recent volatility underscores two contrasting market forces: long-term holders reemerging and influential players trimming exposure. ETH Price Action and Market

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