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Ethereum (ETH) Price: Technical Indicators Show Resistance at $2,800 Level
- ETH fell by 11.5% in five days, from $2,738 to $2,426
- Large ETH withdrawals from exchanges occurred on May 16, suggesting accumulation
- Coinbase Premium Index shows increased interest from U.S. investors
- Taker sell orders vastly outweigh buy orders, indicating selling pressure
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