ETH withdrawals have plummeted, reflecting heightened bearish sentiments among traders. Withdrawals dropped to 59,755 coins, the lowest since August, while deposits rose by 10%, suggesting many are gearing up to sell, indicative of market anxiety.
As of now, ETH is priced at around 2,073 USD, gaining 3% this past week. The price faces resistance at 2,148 USD, but if bearish trends continue, it could decline to as low as 1,759 USD.