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Ethereum Recovery Stalls as On-Chain Data Turns Bearish

Ethereum recovery weakens as bearish on-chain signals emerge.
Ethereum’s recent price recovery has stalled as bearish on-chain indicators signal growing sell-side pressure. Analysts observed rising exchange inflows, declining active addresses and softer transaction volumes,pointing to short-term weakness.Market participants are becoming cautious amid broader crypto volatility and macro uncertainty. While Ethereum’s long-term fundamentals remain supported by ecosystem development and staking participation, traders are closely watching key support levels to gauge potential downside risks.