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Analysis: ETH may see rebound if it stabilizes above $2,400
Summary: According to analyst Michaël van de Poppe, if ETH can maintain support above the key level of $2,400, it may 'test the upper range' in the coming weeks and start a rebound trend. ETH is currently priced at $2,452, down 7.45% from 30 days ago. Glassnode data shows that on June 16, whales bought 1 ...
According to analyst Michaël van de Poppe, if ETH can maintain support above the key level of $2,400, it may 'test the upper range' in the coming weeks and start a rebound trend. ETH is currently priced at $2,452, down 7.45% from 30 days ago. Glassnode data shows that on June 16, whales bought 1 million ETH in a single day, the largest purchase volume since 2018. The spot Ethereum ETF also recorded net inflows for three consecutive days, totaling $232 million.
