Ethereum (ETH) dropped about 12% over the past week, even after rising to the $3,400 mark as of press time. Analysts see strong liquidity clusters between $3,200 and $3,350, suggesting the coin might revisit that zone before attempting a rally toward $3,500. ETH is under pressure from weak global economic indicators and increased risk-off sentiment. Consumer-oriented
The post What’s Behind Ethereum’s Drop: Macro, TVL, DeFi & Liquidity Zones appeared first on CoinGape.
Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.
