CoinOtag
2024-06-11 16:09:48

Ethereum Faces Continued Decline as On-Chain Metrics Signal Bearish Trend

Ethereum continues its downward spiral as recent data suggests a possible extended decline, mirroring Bitcoin’s performance. An on-chain analyst at CryptoQuant shares insights on Ethereum’s current price action and what might be ahead for the popular cryptocurrency. The analyst highlighted Ethereum’s struggle to surpass the $4,000 mark, suggesting investor interest in the derivatives market data.

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