Latest news about Ethereum (#ETH):
📈 Current market trends
ETF launch requests include #Bitcoin❗ and #Ethereum! , which may attract new investments into ETH.
ETH is facing difficulty at resistance levels with a general reassessment in the crypto market.
Ethereum whales are reducing their reserves, which is an indicator of potential selling pressure.
The price of ETH is slightly low amid seller dominance in the market.
Despite the decline, staking is witnessing record highs on the network.
🔁 Mixed indicators
There are signals of a general market recovery with some digital assets rising, including ETH.
Strong institutional investment from major companies like BlackRock towards ETH.
ETH prices and weak market capacity are affected by the decline in major currencies like BTC.
📌 Summary: The market is experiencing volatility with short-term weakness signals, but there are positive activities from investors and institutions that may support Ethereum in the future.