ETH Price Retreats Amid Sell-Off
This is a news story, published by CoinGape, that relates primarily to Spot Ethereum news.
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ETH price riseCoinGape
•ETH price has retreated from its December high as the crypto sell-off continues
60% Informative
ETH price retreated after facing strong resistance at about $4,000 , which is about 20% above the current level.
Spot Ethereum ETFs added over $130 million in assets on Monday , even as the coin retreated.
ETH Exchange Outflows from exchanges are rising, a sign that investors are accumulating the coin.
Q1 is usually the coin's best quarter of the year , so there is a likelihood that the ETH price will rise in anticipation.
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