ETH has clearly broken out of the parallel channel shown and is looking more bearish as the days go by. I've marked on the chart the next support zones to pay attention to. These zones would be the best areas to look to go long. You can also consider a short but with a tight stop in case of a bullish push from the whales. Let's see how this will play out in the coming days.
Do you think inflation is playing a role here? Do you think there will ever be another bear market... if so are we currently in one? Let me know your thoughts below.
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Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!