Ethereum faces a price barrier at $2,800 amidst a modest price decline in reaction to US-China trade talks.
Renowned market analyst Daan Crypto highlights the significance of the $2,800 price zone for Ethereum's future price trajectory.
Ethereum bulls are aiming to reclaim the pivotal $2,800 zone, with a successful breakout indicating potential major price gains ahead.
Ethereum network fees have fallen by over 2%, while exchange net outflows of $516 million suggest bullish sentiment among investors despite recent price fluctuations.