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Ethereum price prediction: Will support hold? ETH drops under pressure
Ethereum is trading at $1,934.30, firmly below short-, medium-, and long-term moving averages: MA-20 at $2,390.16, MA-50 at $2,818.45, and MA-200 at $3,571.89. This underperformance indicates ongoing downward pressure across all observable timeframes. Ethereum's regulatory outlook continues to weigh on sentiment, as the ongoing negotiations between the SEC and CFTC, alongside potential new US legislation such as the Clarity Act, contribute to persistent legal uncertainty that may affect Ethereum's accessibility and institutional adoption. Developments around the approval and net outflows of Ethereum ETFs highlight ... (full story)
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