Ethereum Weekly Active Addresses Near 2.4M as Analysts Eye $2,930 Monthly Close

Ethereum’s weekly active addresses have risen toward about 2.4 million, near historic highs. Analysts are monitoring a long-term rising support dating back to 2016 and a December monthly close level at $2,930 that could shape price direction. Some also flag potential downside targets at $2,000 and $1,100 if that threshold is lost.