Is Ethereum (ETH) Price Volatility Subsiding Before Bitcoin Halving?

Is Ethereum (ETH) Price Volatility Subsiding Before Bitcoin Halving?
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Ethereum (ETH) price dipped to its 2-week low at $3.2K within the last 24-hour window.
ETH’s 30-day realized volatility experiences a drop from 79% to 76%.
This largest altcoin records a fear and greed index of 56, emphasizing greed.
Ethereum (ETH), the world’s second dominantly valued cryptocurrency, fumbles down to its lowest point of $3,202 in a fortnight. At the moment, the question, “Will ETH slide further to $3K?” still hangs in the air.

ETH 4H Price Chart (Source: TradingView)
As per the price chart, ETH/USDT is trapped in a downtrend with a bearish MA (moving average) cross-over — the long-term 21MA overtook the short-term 9MA. Meanwhile, the relative strength index (RSI) stood at 35, indicating the asset’s close proximity to the overbought territory.
At the time of writing, ETH traded at $3,312, after sliding 2.19% over the past day. As per CoinMarketCap, the largest alt holds a market cap of $397 billion and records a daily trading volume of $20.7 bi

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