Analyst: ETH May Face a New Round of Selling Pressure, Trading Under $1,700
Rising exchange supply, insufficient new participation, and declining futures activity have led Ethereum analysts to anticipate a fresh wave of selling pressure pushing ETH below $1,700. Crypto analyst Pelin Ay noted that approximately 57,700 ETH net flowed into Binance over the past few days—a large inflow into exchanges often signals potential selling.
