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Crypto

Will Ethereum Hold Support at $2,650 Before the Monthly Close?

Guavy AI Editorial Team
Instruments
ETH
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Ethereum's price analysis indicates that support near $2,650 may hold heading into the monthly close. The current price is around $2,660, down -1.2% over 24 hours.

Exchange reserves have increased by approximately 125,000 ETH since Friday, and Santiment recorded more than $222M in realized profits on Friday.

The Coinbase Premium Index slipped to -0.0483, indicating a relative decrease in buying pressure on Coinbase.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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