ETH price is at the bottom of a long-term bullish channel. The price has already managed to penetrate the previous price ceiling range. Do I think the price will definitely go up? Definitely not! The news coming from the crypto market is really worrying. Let me be honest; I believe that the price can break the bottom of this channel and descend to much lower prices (around $700). This is terrible.
We have to wait for the next candles.
Please write me your opinion. Do you think the price of Ethereum will rise or fall?
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