[vc_row][vc_column][vc_paragraph text=”Wednesday was a bloody day for cryptocurrency markets, as many digital assets suffered significant intraday losses. ETH was no exception, as it fell by 10%.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”The ETH bulls should go ahead” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The recent decline came amid a massive influx of pressure from sellers in today’s sessions, which led to the cryptocurrency showing clear signs of weakness as its upward momentum began to falter.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In the near term, ETH / USD is likely to confirm an extremely bearish pattern that could lead to its sharp fall. If the current downward momentum pushes the altcoin below the $ 380 support level, it could be poised for huge losses in the coming days.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bulls still control Ethereum despite its recent erratic price movement, and many traders expect the cryptocurrency to see a surge due to decentralized financing (DeFi).”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”However, crypto trader and analyst Josh Olshevich pointed out that if ETH falls below this level, a pullback to $ 320 will be inevitable.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Thus, the bulls should step up and slow down the fall of Ethereum in the upcoming sessions to avoid significant losses.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Ethereum is currently trading at $ 382.7.”][/vc_column][/vc_row]
