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Last chance for Ethereum? ETH price pattern breaks down as $4K must hold
Ethereum’s Ether token price has plunged by more than 7.50% this week, led by de-risking sentiment across the crypto market. Moreover, technical analysis shows that the ETH price drop has triggered a classic bearish reversal setup that risks more downside ahead. Ethereum’s breakdown from the symmetrical triangle tilts the short-term outlook bearish. Typically, such patterns resolve in the direction of the prevailing trend, but a downside breach can flip the pattern into a reversal signal. The measured move from this triangle setup points toward $3,560, suggesting ETH could fall another 15% from current levels ... (full story)
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