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Summary
- Ethereum (ETH-USD) holds near $3,590, facing trendline resistance from October.
- Exchange outflows top $282 million, signaling continued selling into strength.
- Derivatives data shows heavy long positioning at resistance zones.
Dennis Diatel Photography/iStock Editorial via Getty Images
By Jainam Mehta
Ethereum (ETH-USD) trades around $3,590, recovering from last week’s sharp selloff but still trapped under a descending trendline that has rejected every breakout attempt since early October. The chart continues to
This article was written by
 holds near $3,590, facing trendline resistance from October.
- Exchange outflows top $282 million, signaling continued selling into strength.
- Derivatives data shows heavy long positioning at resistance zones.
Dennis Diatel Photography/iStock Editorial via Getty Images
By Jainam Mehta
Ethereum (ETH-USD) trades around $3,590, recovering from last week’s sharp selloff but still trapped under a descending trendline that has rejected every breakout attempt since early October. The chart continues to
This article was written by
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