ETH price fell below $3,000 for the first time since July. Cointelegraph explains what is required for a trend reversal.
Key takeaways:
ETH falls to a 4-month low despite recent layer-2 growth cutting base fees and boosting Ethereumβs use in tokenization and stablecoin.
ETH may recover as global risks ease and new liquidity enters markets, helping the price move back toward $3,900.
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