Ethereum News Today: ETH Holds $3K Support as Whales Signal Fresh Accumulation

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Ethereum remains a focal point in forecasts for the 2025 crypto cycle. The $3,000 base, combined with consistent whale accumulation and ongoing ETF activity, continues to strengthen its market structure. Nearly 32% of the total ETH supply is now staked, while more than $15 billion has flowed into Ethereum-based ETFs since 2024 approvals.

ETH was trading almost at the time of reporting and was down by less than 1 percent in the last day. Traders are monitoring three key items, namely support and resistance zones, whale accumulation patterns, and the overall trend of Bitcoin. All these indicators may determine whether Ethereum strengthens, falls in the meantime, or starts a powerful push towards a new level of 4,300 and higher.

The only question now is whether Ethereum can maintain the levels of support long enough to ensure a new bullish wave is present in this market cycle. 

The central question now is, can Ethereum sustain its support levels long enough to confirm a new bullish wave in this market cycle?

Related: Is Ethereum Heading for a Bullish Breakout or a Market Trap?