Ethereum is a “Strong Short Setup” as Volume Fades and Resistance Mounts


Ethereum has been caught within some turbulence over the past week, with its price action largely mirroring that of Bitcoin and the aggregated crypto market. Earlier this week, ETH plummeted from its recent highs of $280 to lows of $250, before finding some strong buying pressure that has allowed it to climb back to its current price region. In the near-term, analysts are noting that Ethereum’s Bitcoin trading pair does appear to be highly bearish due to a myriad of […] read more

Cole Petersen