Ethereum bears gain control, ETH price targets $2,500

  • Ethereum price collapses -12.2% but recovers roughly half of the loss.
  • Extremely bearish Ichimoku conditions persist, limiting upside pressure while maximizing further losses.
  • Bears target $2,500.

Ethereum price continues to follow all crypto and non-crypto markets in a broad risk-off sell-off. Ethereum bears, which targeted the $2,900 value area, succeeded and now focus on $2,500. In addition, significant bearish Ichimoku conditions point to continued moves…


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