Ethereum price in danger of a 15% pullback as ETH supply in loss hits 4-month high

  • Ethereum price’s early week rebound stalls at $1,340.
  • Justin Bons, the founder of Cyber Capital, reckons that no ETH transaction has been stopped or censored since the Merge.
  • A break below the 50-day SMA on the eight-hour could drag ETH price closer to validating a falling triangle breakout.
  • Ethereum supply in loss rises to 52 million, hinting at a bullish price move.

Ethereum price seems relatively unchanged on Tuesday after bulls propelled it to $1,340 on…


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