Ethereum ETH Bearish Sentiment

٢٥ سبتمبر ٢٠٢٢

Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.

ETH/USDT short
Entry Range: $1300 - 1390
Take Profit 1: $1220
Take Profit 2: $1135
Take Profit 3: $1065
Stop Loss: $1590