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ETH Struggles Near 3K Threshold as Market Momentum Stalls
Ethereum is testing support levels in the sub-3,000 USDT zone, with the latest data showing ETH trading around $2.93K. The 24-hour price action remains subdued, with losses extending to -0.94%, marking a notable pullback from recent performance. This shift in momentum reflects ongoing market hesitation, as traders reassess positions around the critical 3,000 USDT barrier. The modest decline underscores the volatility traders face when major psychological price levels come into play.