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CoinOtag 2024-06-11 07:33:52

Ethereum Faces Bearish Trend as Profit-Taking and Futures Selling Increase

Ethereum’s Network Realized Profit/Loss (NPL) data suggests notable profit-taking activities indicating a bearish market sentiment. Investors are currently cautious due to unpredictable SEC decisions regarding spot Ether ETFs. Ethereum has recently experienced significant selling pressure, with marked trading volume increases. Ethereum’s market faces considerable volatility due to aggressive selling and regulatory uncertainties. Explore the factors

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