Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge.
Category: ETH USD
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Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze.
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks.
Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?