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Ethereum’s Struggle: Will Liquidity Challenges Keep ETH Price in Check?

  • The price of Ethereum remains in the no-trade zone between $3,030 and $3,130 as support and $3,640 to $3,740 as resistance.
  • Despite the recent market correction, Ethereum is giving several signals that are very bullish, according to CryptoQuant.
  • Ethereum is struggling with liquidity, which poses a challenge for its price stability and future movement.
  • Without better liquidity in the near future, Ethereum could face downward pressure despite long-term bullish expectations.

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