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Ether price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off



 

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Ether has been on a downward trend, with the $2,000 level forming a crucial resistance level in recent months.

While Bitcoin (BTC) recorded 11.94% gains, moving past $30,000 in June after BlackRock (NYSE:BLK) filed an application for an exchange-traded fund with the Securities and Exchange Commission in the United States, the upside in Ether (ETH) stayed around 3.16%.

Dune

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