Ethereum fell by 0.79% on Wednesday. Partially reversing a 4.73% rally from Tuesday, Ethereum ended the day at $478.96.
It was a bullish start to the day. Ethereum rallied to an early morning intraday high $495.68 before hitting reverse.
Ethereum broke through the first major resistance level at $491.77 before sliding to a mid-morning intraday low $456.5.
The sell-off saw Ethereum fall through the first major support level at $466.82 to sub-$460 before finding support.