- Ethereum price shows an uptick of sellers’ transactions on the Volume Profile Indicator.
- 10% of Ethereum circulating supply has been staked by investors suggesting optimism for Ethereum 2.0.
- Invalidation of the downtrend is a breach above the $200-week moving average at $1,200.
Ethereum price could commence another liquidity hunt targeting $950. The bulls will need to step in soon to alter the bearish narrative, as market sentiment alone is failing to reach higher…
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