Ether dropped to $3,500 but shows no signs of further decline, with resistance at $4,500. ETH uptrend intact despite 9% drop. Exchange inflows ratio suggests less selling pressure than Bitcoin. ETF holding ratio indicates increasing demand for ETH over Bitcoin. Spot Ether ETFs see strong inflows, reaching $16.6B AUM.

Glassnode outlines key price levels for ETH traders. Support at $2,000-$3,000, resistance at $4,500. Breakout above $3,860 needed for rally to $4,000. $4,500 identified as critical level for uptrend continuation. Every investment move involves risk, conduct own research.ETH’s cost basis model reveals important price levels to monitor. Key support at $2,000-$3,000 and resistance at $4,500. Breakout above $3,860 crucial for rally to $4,000. Investors should conduct their own research before making any decisions.

Read more at Cointelegraph: Watch These Ether Price Levels with ETH Signaling ‘Further Upside”