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Ethereum (ETH) Bearish Signal: Is $3,500 the Next Target?

  • Ethereum (ETH) is showing signs of potential price decline after recent bearish price action.
  • Whales and industry experts are losing interest in ETH, as revealed by on-chain analytics firms.
  • Rising exchange reserves and unstaking activity suggest increased selling pressure and a loss of interest in holding ETH long-term.
  • ETH could decline by 12% to reach the $3,500 level based on technical analysis and recent price action.

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