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Ethereum’s Rally Loses Steam: Analyst Foresee A Possible Brief Correction Bitcoinist 14 Nov 2024

Ethereum’s Rally Loses Steam: Analyst Foresee A Possible Brief Correction 📉

Ethereum, the second-largest cryptocurrency, is experiencing a slowdown in its recent upside price momentum. This comes amid increasing negative sentiment in the general crypto market. The digital asset has faced a notable setback, leading to concerns among analysts about its future performance.

Several crypto analysts suggest that Ethereum might encounter an extended bearish trend soon, as the current market conditions indicate potential challenges for the altcoin. These predictions highlight the need for investors to be cautious and vigilant about the volatile nature of the crypto market.

Source: bitcoinist.com ↗

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