On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory.
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot Ethereum ETFs experienced a loss of $13.23 million during the same trading session.
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