Ethereum price crashed for the second consecutive day, reaching its lowest level since Dec. 7. It has now dropped by ~40% from its highest point this year. Technicals suggest that the ETH token may be on the cusp of a strong bearish breakout to $2,600 despite JPMorgan selecting it for its first onchain fund.
Ethereum Price Risks $2,600 Drop Despite JPMorgan’s New Fund on its Network
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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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