Ethereum lost 20% of its value in the last three days and has performed much worse than Bitcoin. Speculations about the Celsius network liquidity crisis have intensified the panic sell. Where is the bottom?
Technical Analysis
Technical Analysis By Grizzly
The Daily Chart
On the daily timeframe, the bears could finally push the price below the key support of $1,700 (marked yellow on the following chart). ETH is now trading at its lowest levels since March 2022.
At present, it…
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