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Ethereum’s 4,000 USD hope diminishes as dominance hits a 4-year low

Ethereum’s (ETH) market share has decreased by 6% since January, currently at 11.70%. This decline indicates weakening dominance in the cryptocurrency market, and technical indicators suggest a continuation of a bearish trend.

If demand for ETH continues to decline, prices could fall to around 3,182 USD, and if that support level is breached, a potential drop to 2,944 USD may follow. A recovery ultimately hinges on breaking the significant resistance at 3,677 USD.

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