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ETH holds $1.7K as analysts watch $4.6K path

ETH holds $1.7K as analysts watch $4.6K path

Ethereum traded near $1,731 at press time, leaving the asset close to the same area it occupied in March 2021. 

Summary

  • Ethereum traded near $1,731 on crypto.news, with buyers still waiting for stronger daily confirmation.
  • Ali Martinez sees $1,060 as a value zone before larger rebound targets emerge for ETH.
  • Binance exchange outflows suggest some holders moved ETH away from spot selling venues recently again.

According to crypto.news market data, the token rose 0.48% over 24 hours, with a daily range between $1,708 and $1,742.

The current level keeps ETH in a wide debate. Some analysts see a base forming after months of weakness. Others say the chart still needs…

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