Ethereum (ETH) Price Shows Recovery Signals Amid Decreasing Selling Pressure and Looming Spot ETF Approval

Ethereum (ETH) is showing signs of recovery despite the overall pressure on the cryptocurrency market, heavily influenced by Bitcoin (BTC) sell-offs. Recent data indicates a renewed investor confidence and diminishing selling pressure on ETH, a positive signal for potential future gains. Analysts have pointed out that the narrowing discounts in Grayscale Ethereum Trust and Coinbase