UnknownUnicorn9699381

Ethereum shows very short term weaknesses

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum is increasingly hitting the 100MA in a short period of time, which is a signal of weakness. In addition, there is a declining volume, so the chance of a bounce from this level is very small. I expect that Ethereum will break this rising channel to the downside, which will result in a lot of buying opportunities at $4300, $4200 or $4000.
Comment:
The first target is reached.
If the overall crypto market continues this bearish sentiment,
then ETH can go all the way down to $4200 or $4000.
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