Ethereum Price Forecast: Unstaking Looms as Potential Threat

Greeks.Live warns that upcoming Ethereum unstaking could trigger a price decline of 5%-7%, potentially amplifying short-term volatility due to the large-scale withdrawals. The firm emphasizes that such significant withdrawals often lead to heightened price fluctuations, especially when ETH is trading near crucial support levels. To mitigate risks, traders are advised to develop hedging strategies and exercise caution against excessive short-term speculation. [READ MORE: Big Things Ahead as Pi Network Prepares for Major Updates]