This Fundamental Trend May Negate Ethereum’s Covert Signs of Weakness

After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.
In the near-term, it does appear that ETH’s bulls may have slightly overextended themselves, as the crypto is currently flashing some signs of technical weakness.

View On WordPress