6 days ago
Ethereum Bearish Breakdown Signals Deeper Decline Toward $1,350 Support
EthereumBinance LiquidationsCrypto Bearish BreakdownCryptoQuant analysisETH Price AnalysisETH Technical Analysis.ethereumEthereum price predictionEthereum Support Level
TLDR: Ethereum has broken below a key triangle formation, shifting market structure in favor of sellers across short-term charts. Short-term moving averages are now trading below long-term averages, confirming that bearish momentum continues to build steadily. Sharp long liquidations on Binance are flushing out leveraged positions, adding extra downward pressure to ETH spot price action. [...]
The post Ethereum Bearish Breakdown Signals Deeper Decline Toward $1,350 Support appeared first on Blockonomi.
Source: Blockonomi →Related News
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