Looking at the chart on the four-hour time frame, we see that the price of Ethereum is slowly losing ground under its feet, falling below consolidation to $ 2100, making an instant pullback to the moving MA50 average, testing the psychological level at $ 2000. the chart is very much set to move into a bearish, more serious scenario and lower the price even lower, and as the next such target, we have the MA200 and EMA200 at around 1850-1900 $. Looking at the MACD indicator also so bearish trend with a clear signal to keep it going. Although we are still in the green zone of MACD indicators, the bearish trend prevails.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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