Ethereum’s $3,400 Resistance Brings Bearish Pressure from STHs: Will ETH Price Rebound?

The post Ethereum’s $3,400 Resistance Brings Bearish Pressure from STHs: Will ETH Price Rebound? appeared first on Coinpedia Fintech News Bitcoin recently reached a new all-time high of over $99,000, sparking a significant surge in the altcoin market. Consequently, Ethereum, the second-largest crypto by market cap, climbed to its highest value in four months. Although there was an increase in open interest, bearish pressure from short-term holders introduced solid resistance around the $3,400 mark, leading …