is trading at $3,338, down 7.90% in the last 24 hours. The token faces resistance near $3,600, while support lies around $3,000.
ETH’s fundamentals remain strong, supported by the growing adoption of Layer-2 rollups, rising staking volumes, and consistent developer engagement.
These underlying metrics reinforce Ethereum’s role as a leading smart contract platform even as short-term traders take profits amid broader market weakness.
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