@arezo-fjb
Ethereum has fallen 15% in recent days to $2,625; around $460 million in leveraged positions have been liquidated. The selling pressure has been mainly driven by $1.33 billion in spot ETF outflows and macroeconomic conditions. However, derivatives data and the rising capital supply rate suggest relative resistance, and a return to $3,200 is likely.
How realistic do you think the probability of a return to $3,200 is?
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