Crypto analyst Peter Brandt has issued a warning on X, highlighting a potential price decline for Ethereum. Brandt believes the recent price movements indicate a downward trend.
He pointed out two bearish chart patterns, with the most notable being the formation of a rising wedge on the intraday chart, considered a bearish signal.
Brandt advises traders to exercise caution, predicting that Ethereum might face significant price drops in the near future.
