Ethereum price chart targets $1.8K as total value locked hits 13-month lows
Hex37's read
- Ether price targets a 14% drop to $1,800.
- Price action forms a classic bearish chart pattern.
- Total value locked on Ethereum network hits 13-month lows.
What it means for traders
- Bearish pattern suggests potential for further downside in ETH price.
- Declining TVL indicates reduced confidence and utility within the Ethereum ecosystem.
Affected markets
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