Why Ethereum Could Fall Even Further After Breaking Down From This Key Pattern – Ethereum – United States Dollar ($ETH)

Ethereum (CRYPTO: ETH) was trading over 3% lower at one point on Tuesday afternoon after breaking down from a bear flag on Monday that Benzinga called out last Friday.

The cryptocurrency sector has been in turmoil since Nov. 10 when Ethereum and Bitcoin (CRYPTO: BTC) hit all-time highs of $4,867.81 and $69,000, respectively, and bullish traders have been unable to catch additional upside other than a few quick relief bounces.

On Jan. 6, JPMorgan analysts, led by Nikolaos…


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