Ethereum Weekly Analysis: Ethereum Falls to Early 2023 Lows Amid Distribution
Weekly Market Overview Ethereum has endured a brutal multi-week sell-off, with ETH/USDT currently trading around $1,672 — levels not seen since early 2023. The weekly candle structure reflects sustained distribution, with price printing consecutive bearish closes well below all major exponential moving averages across every timeframe. This week’s price action was further pressured by macro…
