Analyst: Ethereum Bulls Still In Control at $240, Even Without “Real” Buying

Analyst: Ethereum Bulls Still In Control at $240, Even Without “Real” Buying

After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.
Despite this strong drop, analysts assert that bulls still remain in control of the asset.
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