Ethereum price close to complete a significant bearish pattern, targeting $370

  • Ethereum price seems close to complete a bearish pattern known as Adam & Eve.
  • Bears will target a low of $370 in the long-term if the pattern is confirmed.
  • More than 1.4 million ETH are locked inside the ETH2 deposit contract.

Ethereum is trading in a short-term downtrend on the daily chart at $545 at the time of writing. While bears target a breakdown below a crucial support level at $484, bulls are not entirely afraid as more than 1.4 million ETH have been…


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