ETH price may find support near $1,315, and a bearish breakthrough of that level might open the door to more selling to $1,275. A lot of uncertainty on crypto regulations is pulling investors from classic projects like ETH and BTC and pouring into the new generation of crypto assets such as Solana and Cardano. SEC is pressured and this is considered a ticking bomb with multi-directional shrapnel that might end a few giants and crown the new era.
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Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.