Ether traders see ‘further decline’ as ETH price slips below $2K

Ether traders said ETH price could see further downside after bulls failed to defend the $2,000 support as signs of declining demand were apparent.

Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months.

Key takeaways:

Ether’s price shows structural weakness as it fails to hold above the $2,000 psychological support.

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