Ethereum price shows signs of caution following a new bearish signal on the weekly chart. The analyst behind the observation highlights a possible MACD crossover forming, a setup that often indicates short-term downside risk. Meanwhile, attention remains divided as institutional players continue building long-term positions in ETH, contrasting the near-term bearish outlook.
Ethereum Price Prediction: Analyst Identifies MACD Bearish Pattern Despite $417M BitMine Buy
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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