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Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure?

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Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? - NewsBTC

Quick Summary:

If bulls fail to hold the $2,000 support, Ethereum could face increased volatility and a steep decline, potentially testing lower demand zones.

However, despite the overwhelming bearish sentiment, there is still a chance for Ethereum to recover as the price is now testing a crucial demand level.

Ethereum is trading at $2,120 after enduring days of massive selling pressure that pushed the price to its lowest level in months.


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Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? - NewsBTC (Picture 1)Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 21:30:05 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 70 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26527101

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure?" has 588 words across 70 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure?" was covered 14 hours ago by NewsBTC, a news publisher based in United Kingdom.

How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 8 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26527101
  • URL: https://chronographically.beamstart.com/news/ethereum-retraces-to-critical-monthly-174077931076

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