Key Notes

Analysts note that ETH price needs a daily close above the key $3,400 resistance level for a sustained uptrend.

BitMine Technologies Chairman Tom Lee noted that Ethereum is undervalued at current levels of around $3,000.

A BitcoinOG whale “1011short” has expanded his long position to 150,466 ETH, worth $491 million.

After falling to $3,150 on Dec. 11, in post-FOMC volatility, Ethereum ETH $3 232 24h volatility: 1.1% Market cap: $390.11 B Vol. 24h: $24.71 B is once again showing signs of reversal. The ETH price is trading over 1% up at $3,250, with momentum building up once again. However, after a strong start to the week, Ethereum ETF flows turned negative once again.

ETH Price Should Break This Resistance for a Confirmed Uptrend

Ethereum price

See Full Page