Ethereum looking for another dip

٦ يوليو ٢٠٢٣

Recently, Ethereum experienced a breakout above a resistance level. However, the price was unable to sustain the bullish momentum and retraced back into the resistance zone. This retracement formed a pullback pattern, indicating a potential continuation of the bearish sentiment as traders search for the next level of support. It is anticipated that a downward trend will likely develop, with a potential target near $1850.