Buyers still remain under sellers' pressure as most of the coins are in the red zone. The rate of Ethereum (ETH) has declined by 0.90% after the transition to the PoS algorithm. On the local chart, Ethereum (ETH) is being very volatile today, as the day started with sharp growth. However, buyers could not hold the gained initiative. Currently, the rate has returned to the hourly support level at $1,585, the breakout of which might cause a further drop to the $1,550 mark shortly. On the daily time frame, bears have absorbed yesterday's growth, which means that one should not expect a fast recovery. Thus, if the candle ... (full story)