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breaking news!!! 🚨🔥 ethereum’s bull run in jeopardy? 🐂📉 analyst spots ‘double top’ pattern
bruh what’s with all this FUD about ETH’s bull run ending, we’re just vibing on the rollercoaster to the moon
eth’s bull cycle potentially ending with a ‘double top’ pattern emerging: resistance met twice without breakthrough, bearish sentiment looms. crucial to monitor
The cryptocurrency market has seen a downturn, with Ethereum’s price dropping below $4,000 after nearing $5,000. Analysts speculate a potential “double top” pattern, indicating a bearish trend. The pattern suggests a reversal after hitting a resistance level without breaking it. Despite similarities in highs, confirmation requires a drop below the support level, currently far from Ethereum’s price. Monitoring ETH’s performance is crucial for insights into its future. The current price is approximately $3,983, up nearly 3% in 24 hours. 📉🔍
Is Ethereum’s bull cycle over? Analyst identifies potential ‘double top’ pattern
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