Ethereum Price is Overheated Due to New Holders Hitting 5-Month High
Ethereum continues to struggle near the $3,000 level as repeated recovery attempts lose momentum. ETH trades just below this psychological barrier, reflecting cautious sentiment. While investor interest is rising, on-chain activity remains muted. This imbalance is raising concerns that Ethereum's price may be overheating without sufficient network usage to sustain gains. Ethereum Holders Are Rising EthereumThe post Ethereum Price is Overheated Due to New Holders Hitting 5-Month High appeared first on BeInCrypto.