#ETHEREUM - Looks Bearish in Pair with $BTC
The price was not able to break through the descending trend line and was rejected downwards. Now we expect to see a decline of $ETHBTC pair to at least a mid-range of 22900 sats. The final target is the ascending support.
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If we speak about local picture. Triangle was broken, the price is consolidating below the support level, which is now acting as resistance. Moreover, there is a horizontal resistance at 25200 sats.