Ethereum Bulls Face Mass Liquidation, But Analysts Point to Signs of Strength

Ethereum Bulls Face Mass Liquidation, But Analysts Point to Signs of Strength

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Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes.

This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day.

ETH’s sharp decline also came about in tandem with that seen by Bitcoin, which faced a…

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