Ethereum Nears Critical Breakout Point as Analyst Eyes $1.6K or $4.8K Move
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ETH slid ~4% in 24 hours, failing to hold the ~$2,400 range as short-seller activity increased, indicating near-term downside risk for the crypto market. A popular analyst says Ethereum is at a crossroads that could define its next major chapter; the outcome will affect adoption, DeFi activity and sentiment across DEX/CEX trading.
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Ethereum (ETH) is sitting at a crossroads that, according to a popular analyst, could define the next major chapter for the second-largest cryptocurrency.
That call landed as the asset slipped almost 4% in 24 hours, failing at the $2,400 range while facing growing pressure from short sellers betting against a near-term recovery.
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In This News
Coins
$ 1.80K
+0.29%Predictions Markets
See what traders are focused on
Share:
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