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Showing posts with the label #ETHstruggle #Ethereumstruggle #cryptostruggle #ETHpriceupdate #Ethereumnews #cryptomarketupdate #ETH2.0 #investingincrypto

Ethereum Struggles to Break $4,000—What's Really Holding It Back?

ETH Continues to Struggle with $4,000 Price Level The crypto market has been on a rollercoaster ride lately, and Ethereum (ETH) is no exception. Despite its strong fundamentals and growing adoption, ETH has been unable to break through the $4,000 price level. This has left many investors and traders wondering when the second-largest cryptocurrency by market capitalization will finally reach this milestone. Multiple Rejections at $4,000 Since March of 2021, ETH has been rejected at the $4,000 level three times. Every time it gets close, the price suddenly drops, leaving many disappointed investors in its wake. This has caused frustration among the crypto community, as many were expecting ETH to continue its bullish run and reach new all-time highs. Current Price and Market Outlook As of writing this, ETH is sitting at $3,475, a slight improvement from its recent dip to $3,097. However, this is still a significant drop from its all-time high of over $4,100 in Ma...