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Ethereum (ETH) reaches Key Support, Has the Crypto Bear Market began?

From marketpulse.com

It’s a red wave throughout the crypto world, a move that often tends to anticipate panic in broader financial markets. High leverage among investors is currently amplifying these profit-taking moves, creating a cascading effect that is sending altcoins into a punishing bearish loop. Bitcoin is trading around $83,000 and Solana below the $125 mark! Has the Crypto Bear Market started already?! While Ethereum is holding up relatively better than many of its riskier altcoin peers, it is still subject to quite an aggressive repricing and is now fast approaching critical technical zones around $2,700. Showing some ... (full story)

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  • Category: Technical Analysis