Ethereum's price has come under renewed pressure after failing to break out of a two-month downtrend. ETH briefly attempted a recovery last week but quickly lost momentum.  Weak investor support has pushed Ethereum lower, raising concerns about its ability to sustain a meaningful recovery in the near term. Ethereum Is Losing Investors' Backing On-chain dataThe post Ethereum Price Drops Below $3,000 Amid Declining Holder Conviction appeared first on BeInCrypto.