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Today (March 3rd), Ethereum market overview: current price $2,041–$2,044, with a 24-hour increase of approximately 4.5%–5.4%.
Affected by the Middle East situation, the overall crypto market has rebounded, but prices are still within recent fluctuation ranges, with intense battles between bulls and bears:
· 📊 Core data: Currently $2,041 (about 2.97 million KRW), market share 10.32%. It is worth noting that its price has been declining for six consecutive months, setting the longest consecutive decline record in history.
· ⚔️ Key levels:
· Resistance above: $2,090–$2,120 area, only after breaking through this can it potentially strengthen further.
· Support below: $1,900–$1,950 is the first line of defense; if broken, it may drop to $1,800** or **$1,700.
· 🧐 Market analysis: Although there is a short-term rebound, the long-term trend remains weak. The good news is that the amount of Ethereum on exchanges is decreasing, and there is high demand for staking, which sets the stage for future market movements.