Ethereum Nears Bottom: On-Chain Data Signals Strong Accumulation Near $2,880

Following weeks of price volatility and downward pressure, Ethereum (ETH) is displaying compelling signs of approaching a structural market bottom, according to leading on-chain analysis. Data suggests that the price is closing in on a critical support zone, particularly around the $2,880 to $2,950 range, which historically represents the average cost basis of long-term investors …

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