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Ethereum’s prolonged consolidation beneath resistance has pushed the asset lower, sending it toward $2.42K. The breakdown has weakened short-term structure, while the broader recovery now depends on buyers defending the support areas below.

Managing your crypto taxes can become increasingly complicated as your activity starts spreading across multiple exchanges, wallets, blockchains, and DeFi protocols.

In Ethereum news today, the Glamsterdam upgrade has raised Sepolia’s tested block-gas limit from about 60 million to nearly 200 million, giving the network more room to process activity before users compete for block space.