- Ethereum price dips beyond the new area for recovery.
- ETH price will drop 50% before finding key support to halt the descent.
- Expect an L-shaped to W-shaped recovery, as current tail risks will linger for some time.
UPDATE: Ethereum price dipped below the psychological $1,000 mark during the weekend, as bears continued to dominate price action on Saturday. The market took a turn on Sunday, though, as the whole crypto ecosystem was able to bounce back and several coins recovered key…
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