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Why Ethereum MUST stay above $4k for the next 48 hours, at least
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It’s time for yet another options expiry, and the Ethereum market this time too stands divided. Given the chaotic state of the broader market, traders from both the sides of the spectrum have their own set of reasons to be biased at this point.
ETH’s price has been going downhill for more than a week now, but its macro-bullish framework is still pretty much in-tact. Even though the largest altcoin has shed more close to 11% over the past week, it continues to hover above $4k. In fact, at the time of this analysis, ETH was just shy of $4.1k.
Even though short term corrections do not instigate fundamental changes, it is important to stay abreast of the prevailing market sentiment to know what to anticipate going forward.
Now, as per data from
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