Ethereum price risks falling to $1.2K next, analyst warns

Ethereum is flashing a warning of a familiar bull trap that preceded 45% and 48% drops in the past, raising risks of a fresh breakdown.

Ethereum’s native token, Ether (ETH), may decline 40% to $1,200 in the coming weeks, according to a fractal setup shared by analyst Leshka.eth.

Key takeaways:

Ethereum is mirroring a pattern that preceded 45% and 48% declines in the past.

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