On-chain activity within Ethereum layer-2 protocols and ETH derivatives data suggests that the altcoin will hold the $3,200 level.
Source: https://cointelegraph.com/news/ethereum-clings-to-3200-amid-sec-probes-and-shifting-trader-sentiment
Ethereum price clings to key support amid SEC probe and traders’ shifting sentiment
March 23, 2024
CoinTelegraph