ETH falls to 4-month low under $3K: Is the bull market over?
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 Ethereum’s 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.