Ethereum has seen a significant downturn, with its price currently around 3,020 USD. Analysts predict continued pressure possibly driving ETH to a range between 2,500 USD and 2,220 USD if the bearish trend persists.
Despite the bearish outlook, there’s a bullish sentiment present. Should ETH manage to break above its falling wedge pattern, there is potential for a rally to reach 3,550 USD.
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