Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis
Hex37's read
- ETH price has fallen below $2,000, currently trading near $1,841.
- Prediction markets suggest a 71% probability of ETH dropping to $1,500.
- Technical chart analysis supports the bearish outlook for Ethereum.
What it means for traders
- Bearish sentiment is strong for ETH, with potential for a further 25% decline.
- Traders may consider short positions on ETHUSDT with a target of $1,500.
Affected markets
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