Watch out for Ethereum price as technical indicators point to dip below $1,000

  • Ethereum price sees long holders stuck in a bull trap.
  • ETH price faces headwinds coming from  tailwinds that flaring up again at the US closing bell.
  • Expect to see losses mounting up again with a possible retest of this year’s low.

Ethereum (ETH) price is revealing a not-that bright picture for bulls this week, both from a technical perspective and because of ballooning tail risks. As bulls could not manage a close above a crucial technical hurdle, price action…


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