Ethereum fell yesterday as well as Bitcoin but interestingly enough, it did not made a lower low compared to the earlier low and at the same time, it formed a pretty bullish looking hammer for the day. This gives us some hope here, but we must also be aware of the weekly candle. It is still looking nasty and Ethereum would have to rise to above $180 before the week is over in order to have a chance of recovering for the next week.
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