What’s Behind Ethereum’s Drop: Macro, TVL, DeFi & Liquidity Zones

Ethereum (ETH) dropped about 12% over the past week, even after rising to the $3,400 mark as of press time. Analysts see strong liquidity clusters between $3,200 and $3,350, suggesting the coin might revisit that zone before attempting a rally toward $3,500. ETH is under pressure from weak global economic indicators and increased risk-off sentiment. Consumer-oriented

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