Ethereum rebounds 1% to $2,341 but trading volume stays thin
- —ETH traded between $2,286.76 and $2,386.37 over 24 hours
- —Volume of $9.62 billion versus $14–19 billion during October selloff
- —Ethereum market cap stands at $286 billion
- —Weekly highs and closes have fallen for four straight weeks
Why it matters: Thin volume on the bounce signals buyers remain cautious, leaving the medium-term downtrend intact.
Source: Siam Blockchain