🔥 Ethereum Just Hit a Key Support Zone! But Will It Hold ? 🔥
Ethereum is at a critical junction in the market. On one hand, the weekly death cross has just occurred — a pattern that has often preceded major price drops in the past. On the other hand, ETH has bounced off its strongest support level since 2020, a trend that has historically acted as a springboard for upward momentum.
🔮 What’s Next for ETH?
The death cross is a red flag, signaling potential bearish movement.
However, the long-standing support ETH is respecting could provide a solid foundation for a rebound and further gains.
The combination of these two technical factors creates uncertainty, and Ethereum's next moves are crucial. Traders are watching closely to see whether the death cross will prevail, or if Ethereum will defy the odds and continue its bullish trend.
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