Altcoin
BlockDAG Outperforms 2024 Altcoins and Stuns Ethereum and Chainlink
The Ethereum market is currently characterized by volatility, with key support levels around $2,800 being tested. If this support were to break due to continued selling pressure, Ethereum could see further price drops. Despite a 14% drop in trading volume, reflecting the market’s cautious attitude, Ethereum began attracting $30 million in inflows, breaking a seven-week trend of outflows and signaling renewed investor confidence. The SEC’s impending decision on the Ethereum ETF adds to expectations, setting $2,800 and $3,300 as crucial price points for Ethereum’s near-term direction.