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ETH Plummets 10% in a Week on FTX Drainer Swaps, Where’s the Bottom? (Ethereum Price Analysis)

1 min read Original Link

After a significant crash in the cryptocurrency market due to the FTX bankruptcy, Ethereum’s price has dropped to a decisive support level of $1K.

A further decline is expected if the mentioned level fails to hold. The upcoming price action should determine Ethereum’s mid-term direction.

(by Crypto VizArt)

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