CoinOtag
2025-12-26 00:18:49

Ethereum Nears Key Resistance Amid On-Chain Accumulation and Stablecoin Dominance

Ethereum trades near its key resistance at $3,050, bolstered by ongoing on-chain accumulation from large holders and dominant stablecoin settlement volumes exceeding $90 billion daily. Technical compression under a multi-month trendline signals heightened breakout potential amid reduced selling pressure. Ethereum trades near whale cost basis amid continued accumulation despite subdued year-to-date gains. Stablecoin settlement dominance [...]

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