When it comes to crypto, Ethereum has done a little better than many of the other major players, mainly because of “The Merge” happening. However, it has lost about 15% since it actually happened, suggesting that we have already priced all of that good news in. At this point, cryptocurrency continues to struggle, we should not be a huge surprise at all considering just how poor risk appetite is at the moment. Ultimately, I think this is a situation where you have more of a “paid the rally” type of attitude when it comes to crypto, and then by extension Ethereum.The 50-Day EMA sits near the $1550 level and is drifting ... (full story)