CryptoBearishBitcoinist · 3h ago7/10
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The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
Ethereum is trading at $1,606, down 31% monthly and 70% from its all-time high, with technical analysis suggesting a potential 56% further decline to $700. An unnamed technical indicator with a strong historical track record for identifying market bottoms is signaling renewed weakness, indicating the current drawdown may represent a continuation rather than capitulation.
$ETH