Ethereum supply shrinks: So why is ETH still stuck below $3,390?

21-Jan-2026 AMBCrypto

Ethereum supply keeps shrinking, so why is price still stuck?

Ethereum consolidates between $3,000 and $3,390, with fading momentum and no bullish breakout confirmation.

Also read: Ethereum’s Supply Dynamics Shift As ETH Staking Sees Historical Growth – Here’s The Number

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