Key Takeaways
- Ethereum has retraced by more than 20% over the past four days.
- Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges.
- Further selling pressure could trigger a correction toward $600.
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Ethereum looks like it’s at risk of a steep correction as crypto’s rocky June draws to a close. Market participants are rushing to exchanges to exit their positions, while Ethereum is sitting on little to no support.
Ethereum Faces Lower…
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