- Ethereum price is retesting the last line of defense at $1,049, signaling a potential crash.
- Whales holding between 100 to 100,000 ETH are accumulating at these dangerous levels.
- A breakdown of $1,049 could trigger a 35% crash to the $658 support level.
Ethereum price faced rejection after failed attempts to move past a significantly important resistance barrier. This development has led to ETH reversing the trend and returning to a stable support level, which will…
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