ETH/USD Forecast: Ethereum Continues to Drift Lower

  • Ethereum continues to look vulnerable as we have drifted lower yet again.
  • Ethereum has recently seen a bit of abuse due to the idea of the upgrade coming in September, but whether or not that’s the case is totally irrelevant.
  • There are a lot of moving pieces when it comes to the overall risk appetite of traders around the world, so you need to pay close attention to what’s going on in multiple markets. Risk appetite is so messy at the moment that you are going to have a serious issue looking for clues.

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