Ethereum got smashed down to support at $1547. This was a level we identified for you, and stressed that if $1654 didnt hold, then this was the next target. Unfortunately, we were right, however ETH seems to be finding nice support at this level. In fact, we attempted a meager bounce here but faced resistance from $1654, which is now providing resistance. We will see further resistance from $1694. We have a way to go before regaining the range we once held between $1750 and $1906.
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