Ethereum (ETH) Price: Technical Analysis Shows Support at $2,500 Level 📈
Ethereum (ETH) experienced a 60% surge in May, peaking at $2,617 before stabilizing near $2,509. Long-term holders are offloading their positions, leading to significant trading activity not seen since October. A notable trend is the exit of over $3.4 billion worth of ETH from centralized exchanges in the past month, indicating robust investor confidence. The price has found support at the $2,500 level, according to the latest technical analysis.
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