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Ethereum staking surges despite price struggles: a sign of long-term confidence?

Staked ETH has increased despite a significant drop in price, indicating that investors view it as a long-term asset. The current price of ETH is 1,897 USD, demonstrating ongoing selling pressure.

The negative balance of power signals bearish control over price movement, raising concerns for future trends. If this bearish trend continues, Ethereum could decline further.

This is community-generated content, not advice from ONUS.
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