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CoinpediaOctober 27, 20262 min read

Ethereum Price Analysis: ETH Struggles Near $2,300 as Bearish Momentum Persists – What’s Next?

As crypto markets face some upward pressure, the Ethereum price approaches the $2,300 support range. The daily chart shows weakening momentum, with the technicals supporting the bearish narrative.

As crypto markets face some upward pressure, the Ethereum price approaches the $2,300 support range. The daily chart shows weakening momentum, with the technicals supporting the bearish narrative. At the same time, the ETF outflows have also intensified the bearish sentiment, as institutional demand has remained inconsistent. Meanwhile, the derivative data suggests that leveraged positioning …

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Ethereum Price Analysis: ETH Struggles Near $2,300 as Bea…