Deep Dive: Ethereum (ETH) Analysis

Let's talk about Ethereum for a moment. I've pulled together some key metrics that paint an interesting picture.

📈 Current Price Action

At $3.04K, the price action has been relatively stable lately. The 7-day trend is showing strong bullish momentum, which is worth noting. The monthly chart shows significant correction from recent highs.

Ethereum price movement over the last 7 days

💰 Market Metrics

Market cap stands at $366.67B, placing it at rank #2. With $16.36B in 24h volume, we're looking at healthy trading.

Metric	Value
Current Price	$3.04K
24h Change	+1.47%
7d Change	+13.14%
30d Change	-23.95%
Market Cap	$366.67B
24h Volume	$16.36B
Market Rank	#2

🪙 Supply Dynamics

Currently $120.70M coins are circulating from a total supply of $120.70M.

📊 Historical Context

The all-time high was $4.95K, and we're currently 38.57% below that level. The all-time low sits at $0.43, which means we're 701682.72% up from the bottom.

🤔 My Take

From a fundamental perspective, Ethereum is showing strength. The fundamental metrics reflect its established position in the market.

Remember, higher volatility means higher risk. Position sizing is crucial.

🎯 Final Thoughts

That wraps up my deep dive into Ethereum. As always, these are just observations based on current data. I'd love to hear your thoughts - are you bullish or bearish here?

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This is not financial advice. Always do your own research before making investment decisions.