Ethereum Price Forecast: Sell Signals Multiply, Hint Correction to $2,000 📉
Ethereum (ETH) showed resilience even as Bitcoin experienced a brief pullback on Monday. However, this strength might be misleading. Technical analysis and on-chain data reveal numerous signs of exhaustion which could potentially lead to a price drop to $2,000.
With a rally stalling below $3,000, multiple sell signals have emerged, suggesting a possible correction in Ethereum's price trajectory. This forecast points to caution for traders relying on Ethereum's recent bullish behavior.
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