Ethereum Price Inches Higher, Building Pressure for a Follow-Through
Ethereum price failed to clear the $3,220 resistance and dipped. ETH is now attempting to recover and faces an uphill task near the $3,150 level.
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum.The downturn comes as new liquidity inflows slow, which has prompted speculation that the latest bull cycle may be coming to an end.
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