Ethereum’s Insane Rally Thwarted by Bears; is a Capitulatory Drop Inbound?

Ethereum’s Insane Rally Thwarted by Bears; is a Capitulatory Drop Inbound?

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Ethereum’s 2020 uptrend allowed ETH to forge a firmly bullish market structure that many analysts had expected to catalyze a massive parabolic rally. This bullish possibility is now at risk of being invalidated, however, as the crypto was rejected overnight at a key level.
At the moment, ETH is firmly tracking Bitcoin and the aggregated crypto markets, which means that its next big movement will…

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