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Ethereum is currently navigating through a critical juncture in the market.
Following an intense bearish correction, ETH has retreated into a major daily support zone. The selling pressure was relentless initially, yet price action now signals weakening momentum—buyers are quietly stepping in and absorbing the available liquidity.
The key question: can this level hold? If support remains intact here, we could be setting up for a meaningful reversal. Traders are watching closely to see whether sellers have exhausted their ammunition or if further downside beckons.